Ripley County Property Tax Bills by Tax District
Pay 2005
Assessment and Deductions
Median Home Value, 2000 Census	94,900
Assessment-Sales Ratio	0.936
Gross Assessed Value	88,826
Homestead Deduction	35,000
Mortgage Deduction	3,000
Net Assessed Value	50,826
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 - ADAMS TWP-SUNMAN DEARBORN	2.0870	1,061	27.4639	291	769	8.8739	68	701	971	265	1,927
002 - ADAMS TWP-BATESVILLE SCHO	1.7077	868	30.8268	268	600	10.3466	62	538	1,514	203	1,479
003 - BATESVILLE CITY-ADAMS TWP	2.1691	1,102	28.4764	314	789	12.5834	99	689	1,004	260	1,894
004 - SUNMAN TOWN	2.3989	1,219	26.6281	325	895	10.6143	95	800	721	302	2,197
005 - BROWN TWP	1.8140	922	31.5553	291	631	11.8092	75	557	1,445	210	1,529
006 - CENTER TWP	1.9700	1,001	29.6205	297	705	11.2450	79	625	1,246	236	1,719
007 - OSGOOD TOWN	2.4834	1,262	28.2853	357	905	14.0957	128	778	775	294	2,137
008 - DELAWARE TWP	1.9746	1,004	29.5768	297	707	11.2405	79	627	1,239	237	1,724
009 - FRANKLIN TWP	2.0417	1,038	27.7024	287	750	10.2642	77	673	1,066	254	1,850
010 - MILAN TOWN-FRANKLIN TWP	2.3013	1,170	27.3604	320	850	12.1285	103	747	844	282	2,051
011 - JACKSON TWP	1.8899	961	30.0902	289	672	10.9013	73	598	1,328	226	1,644
012 - NAPOLEON TOWN	1.9958	1,014	29.9315	304	711	11.9413	85	626	1,244	237	1,720
013 - JOHNSON TWP	1.8134	922	31.5555	291	631	11.8011	74	556	1,447	210	1,529
014 - VERSAILLES TOWN	2.1950	1,116	30.2004	337	779	14.2946	111	667	1,092	252	1,834
015 - LAUGHERY TWP-BATESVILLE S	1.7180	873	30.7670	269	605	10.4202	63	542	1,503	205	1,488
016 - LAUGHERY TWP JAC CEN DEL	1.8662	949	30.3866	288	660	10.9874	73	588	1,354	222	1,615
017 - BATESVILLE CITY-LAUGHERY SCHOO	2.1681	1,102	28.4843	314	788	12.5849	99	689	1,007	260	1,893
018 - OTTER CREEK TWP	1.8150	922	31.6164	292	631	11.9052	75	556	1,451	210	1,527
019 - HOLTON TOWN	2.4574	1,249	29.8641	373	876	16.0015	140	736	871	278	2,022
020 - SHELBY TWP	1.8212	926	31.5691	292	633	11.9269	76	558	1,441	211	1,533
021 - WASHINGTON TWP	2.0623	1,048	27.6439	290	758	10.3947	79	680	1,032	257	1,867
022 - MILAN TOWN-WASHINGTON TWP	2.3122	1,175	27.3422	321	854	12.1902	104	750	838	283	2,060
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.