| Pulaski County Property Tax Bills by Tax District | |||||||||||
| Pay 2005 | |||||||||||
| Assessment and Deductions | |||||||||||
| Median Home Value, 2000 Census | 72,500 | ||||||||||
| Assessment-Sales Ratio | 1.079 | ||||||||||
| Gross Assessed Value | 78,228 | ||||||||||
| Homestead Deduction | 35,000 | ||||||||||
| Mortgage Deduction | 3,000 | ||||||||||
| Net Assessed Value | 40,228 | ||||||||||
| 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 - Beaver TWP II | 2.1555 | 867 | 31.2213 | 271 | 596 | 11.8454 | 71 | 526 | 1,567 | 216 | 1,548 |
| 002 - Beaver TWP I | 2.0615 | 829 | 30.4733 | 253 | 577 | 12.0682 | 70 | 507 | 1,643 | 209 | 1,493 |
| 003 - Cass TWP | 2.1667 | 872 | 29.9372 | 261 | 611 | 12.4717 | 76 | 535 | 1,530 | 220 | 1,574 |
| 004 - Cass TWP - North | 2.4825 | 999 | 25.5469 | 255 | 744 | 10.5981 | 79 | 665 | 1,106 | 274 | 1,957 |
| 005 - Franklin TWP | 2.2366 | 900 | 30.8025 | 277 | 623 | 12.1679 | 76 | 547 | 1,486 | 225 | 1,610 |
| 006 - Harrison TWP | 2.2497 | 905 | 30.7356 | 278 | 627 | 12.2154 | 77 | 550 | 1,471 | 226 | 1,620 |
| 007 - Indian Creek TWP | 2.2366 | 900 | 30.7885 | 277 | 623 | 12.1493 | 76 | 547 | 1,483 | 225 | 1,611 |
| 008 - Jefferson TWP - East | 2.2468 | 904 | 30.7700 | 278 | 626 | 12.2310 | 77 | 549 | 1,475 | 226 | 1,617 |
| 009 - Jefferson TWP | 2.1528 | 866 | 30.0317 | 260 | 606 | 12.4561 | 75 | 530 | 1,549 | 218 | 1,562 |
| 010 - Monroe TWP | 2.2364 | 900 | 30.6606 | 276 | 624 | 11.9772 | 75 | 549 | 1,476 | 226 | 1,617 |
| 011 - Winamac Corp (Monroe) | 2.9837 | 1,200 | 28.4964 | 342 | 858 | 14.8760 | 128 | 731 | 890 | 301 | 2,151 |
| 012 - Rich Grove TWP | 2.4798 | 998 | 25.4697 | 254 | 743 | 10.4861 | 78 | 666 | 1,104 | 274 | 1,960 |
| 013 - Salem TWP | 2.2711 | 914 | 28.8853 | 264 | 650 | 12.0871 | 79 | 571 | 1,403 | 235 | 1,682 |
| 014 - Francesville Corp (Salem) | 2.8387 | 1,142 | 27.8199 | 318 | 824 | 14.7481 | 122 | 703 | 962 | 289 | 2,069 |
| 015 - Tippecanoe TWP | 2.1349 | 859 | 26.6241 | 229 | 630 | 12.0075 | 76 | 554 | 1,454 | 228 | 1,633 |
| 016 - Monterey Corp (Tippecanoe) | 3.1534 | 1,269 | 25.2420 | 320 | 948 | 15.7024 | 149 | 799 | 724 | 329 | 2,354 |
| 017 - Van Buren TWP | 2.3110 | 930 | 30.2893 | 282 | 648 | 12.2386 | 79 | 569 | 1,413 | 234 | 1,675 |
| 018 - White Post TWP | 2.2309 | 897 | 29.5014 | 265 | 633 | 12.5210 | 79 | 553 | 1,458 | 228 | 1,630 |
| 019 - Medaryville Corp (White Post) | 3.6126 | 1,453 | 26.8765 | 391 | 1,063 | 16.9271 | 180 | 883 | 564 | 363 | 2,599 |
| 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. | |||||||||||