Rush County Property Tax Bills by Tax District
Pay 2005
Assessment and Deductions
Median Home Value, 2000 Census	82,300
Assessment-Sales Ratio	0.896
Gross Assessed Value	73,741
Homestead Deduction	35,000
Mortgage Deduction	3,000
Net Assessed Value	35,741
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	1.8563	663	33.7260	224	440	13.1555	58	382	1,891	165	1,170
002 - CENTER TWP	1.8539	663	33.6721	223	439	13.0443	57	382	1,890	165	1,171
003 - JACKSON TWP	1.8826	673	33.6828	227	446	13.4796	60	386	1,882	167	1,183
004 - NOBLE TWP	1.8206	651	34.0796	222	429	13.1120	56	373	1,897	161	1,142
005 - ORANGE TWP	1.8098	647	34.1091	221	426	12.9851	55	371	1,900	160	1,136
006 - POSEY TWP	1.9026	680	33.2062	226	454	13.0960	59	395	1,877	170	1,209
007 - RICHLAND TWP	1.8300	654	34.0548	223	431	13.2219	57	374	1,894	162	1,147
008 - RIPLEY TWP	2.4580	879	27.4612	241	637	9.6398	61	576	1,386	249	1,764
009 - CARTHAGE	3.0998	1,108	26.4105	293	815	12.5735	103	713	932	308	2,183
010 - RUSHVILLE TWP	1.8317	655	34.0366	223	432	13.2223	57	375	1,893	162	1,148
011 - RUSHVILLE CITY	3.6302	1,297	27.5310	357	940	17.5064	165	776	780	335	2,376
012 - UNION TWP	1.8194	650	34.0987	222	429	13.1204	56	372	1,898	161	1,140
013 - GLENWOOD CITY	2.7601	986	29.9589	296	691	16.6826	115	576	1,387	249	1,763
014 - WALKER TWP	1.8390	657	33.8036	222	435	13.0052	57	379	1,892	163	1,159
015 - WASHINGTON TWP	1.8765	671	33.6404	226	445	13.3316	59	386	1,883	167	1,182
016 - RUSHVILLE CITY-JACKSON	3.6429	1,302	27.5181	358	944	17.5338	165	778	773	336	2,384
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.