| Perry County Property Tax Bills by Tax District | |||||||||||
| Pay 2005 | |||||||||||
| Assessment and Deductions | |||||||||||
| Median Home Value, 2000 Census | 71,200 | ||||||||||
| Assessment-Sales Ratio | 0.000 | ||||||||||
| Gross Assessed Value | 71,200 | ||||||||||
| Homestead Deduction | 35,000 | ||||||||||
| Mortgage Deduction | 3,000 | ||||||||||
| Net Assessed Value | 33,200 | ||||||||||
| Tax Rate, Credits and Tax Bill | |||||||||||
| Tax District | Tax Rate | Gross Tax | PTRC Rate | PTRC | Gross Tax - PTRC | State/Local Homestead Credit Rate | Home- stead Credit | Net Tax | Rank Among All 1,960 Districts | Net Tax, Half the Median Home Value | Net Tax, Twice the Median Home Value |
| 001 - ANDERSON TWP | 2.6172 | 869 | 27.8207 | 242 | 627 | 12.9343 | 81 | 546 | 1,490 | 243 | 1,717 |
| 002 - CLARK TWP | 2.6257 | 872 | 27.7954 | 242 | 629 | 12.9739 | 82 | 548 | 1,482 | 244 | 1,723 |
| 003 - LEOPOLD TWP | 2.6439 | 878 | 27.7418 | 244 | 634 | 13.0579 | 83 | 551 | 1,468 | 246 | 1,734 |
| 004 - OIL TWP | 2.6201 | 870 | 27.8120 | 242 | 628 | 12.9479 | 81 | 547 | 1,489 | 244 | 1,719 |
| 005 - TOBIN TWP | 2.6283 | 873 | 27.7521 | 242 | 630 | 12.9323 | 82 | 549 | 1,478 | 245 | 1,726 |
| 006 - TROY TWP | 2.5712 | 854 | 27.4824 | 235 | 619 | 11.9582 | 74 | 545 | 1,494 | 243 | 1,714 |
| 007 - TELL CITY CITY | 3.3710 | 1,119 | 25.2488 | 283 | 837 | 14.3465 | 120 | 717 | 926 | 319 | 2,253 |
| 008 - CANNELTON CITY | 3.3503 | 1,112 | 33.9510 | 378 | 735 | 19.2238 | 141 | 593 | 1,341 | 265 | 1,866 |
| 009 - TROY TOWN | 2.7995 | 929 | 26.8514 | 250 | 680 | 12.9983 | 88 | 591 | 1,345 | 264 | 1,860 |
| 010 - UNION TWP | 2.6667 | 885 | 27.6757 | 245 | 640 | 13.1613 | 84 | 556 | 1,449 | 248 | 1,749 |
| Note: Median Home Value for this county is from the 2000 U.S. Census. | |||||||||||
| Assessment-Sales Ratio is the median assessment to sales price ratio, from the State Equalization Study. | |||||||||||
| Counties with Assessment-Sales Ratios listed as "0" have studies that are incomplete. Gross assessed values are assumed equal to home values. | |||||||||||
| Gross Assessed Value is the product of the Median Home Value and the Assessment Ratio. | |||||||||||
| Net Assessed Value is Gross Assessed Value less Deductions/Exemptions. Homestead deduction cannot exceed 50% of gross assessed value. | |||||||||||
| Tax Districts are areas within a county with particular combinations of government units. The district Tax Rate is the sum of the tax rates of these units. | |||||||||||
| Gross Tax is the District Tax Rate times Net Assessed Value. | |||||||||||
| Property Tax Replacement Credit Dollars are the PTRC Rate times the Gross Tax; they are subtracted from the Gross Tax. | |||||||||||
| The Homestead Credit Rate is multiplied by the Tax After PTRC. Homestead Credit dollars are subtracted from Tax After PTRC to get the Tax Bill. | |||||||||||
| Rank, All Districts is the rank, from highest to lowest net tax, among all of Indiana's 1,960 tax districts. | |||||||||||
| Net Tax, Half the Median Value is the tax bill calculation starting with a home value equal to half the county's median. | |||||||||||
| Net Tax, Twice the Median Value is the tax bill calculation starting with a home value equal to twice the county's median. | |||||||||||
| Prepared by Larry DeBoer, Agricultural Economics, Purdue University, using Indiana Department of Local | |||||||||||
| Government Finance rate information, available on the DLGF website, at www.in.gov/dlgf. | |||||||||||