Shelby County Property Tax Bills by Tax District
Pay 2005
Assessment and Deductions
Median Home Value, 2000 Census	85,100
Assessment-Sales Ratio	0.966
Gross Assessed Value	82,207
Homestead Deduction	35,000
Mortgage Deduction	3,000
Net Assessed Value	44,207
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 - ADDISON TWP	1.7825	788	31.0006	244	544	10.8540	59	485	1,708	192	1,386
002 - SHELBYVILLE CITY-ADDISON TWP	2.6984	1,193	26.9767	322	871	13.8945	121	750	834	298	2,145
004 - BRANDYWINE TWP	1.7071	755	33.3791	252	503	11.7215	59	444	1,792	176	1,269
005 - SHELBYVILLE CITY-BRANDYWINE TO	2.5947	1,147	28.7667	330	817	14.8564	121	696	986	276	1,989
007 - HANOVER TWP	1.9573	865	31.1519	270	596	10.7264	64	532	1,546	211	1,521
008 - MORRISTOWN TOWN	2.3112	1,022	30.2370	309	713	13.3857	95	617	1,276	245	1,765
009 - HENDRICKS TWP	1.8201	805	30.8188	248	557	10.9968	61	495	1,676	197	1,417
010 - JACKSON TWP	1.8153	802	30.8369	247	555	10.9554	61	494	1,681	196	1,413
011 - LIBERTY TWP	1.9166	847	31.5950	268	580	10.7697	62	517	1,604	205	1,479
012 - MARION TWP	1.7874	790	30.9962	245	545	10.9171	60	486	1,704	193	1,389
013 - MORAL TWP	1.7295	765	32.8984	252	513	11.4291	59	454	1,771	180	1,299
014 - NOBLE TWP	1.9324	854	31.3289	268	587	10.6311	62	524	1,574	208	1,499
015 - ST. PAUL TOWN-DECATUR CO. SCHO	2.2370	989	32.0555	317	672	15.4664	104	568	1,417	226	1,624
016 - SHELBY TWP-EAST	1.9621	867	31.1109	270	598	10.7346	64	533	1,540	212	1,525
017 - SHELBY TWP-WEST	1.8305	809	30.5254	247	562	10.8861	61	501	1,655	199	1,433
018 - SUGAR CREEK TWP	1.7052	754	33.5472	253	501	11.9218	60	441	1,796	175	1,262
019 - UNION TWP	1.9349	855	31.4187	269	587	10.7831	63	523	1,580	208	1,497
020 - VAN BUREN TWP	1.9484	861	31.3193	270	592	10.8308	64	527	1,563	209	1,508
021 - WASHINGTON TWP	1.8257	807	30.7948	249	559	11.0406	62	497	1,671	197	1,421
022 - ST. PAUL TOWN-SHELBY EASTERN S	2.4015	1,062	30.1560	320	741	14.0767	104	637	1,214	253	1,822
023 - SHELBYVILLE CITY-SHELBY TWP	2.7098	1,198	26.9729	323	875	13.9562	122	753	826	299	2,152
024 - SHELBYVILLE CITY-MARION TWP	2.7056	1,196	26.9753	323	873	13.9342	122	752	832	298	2,150
025 - EDINBURG TOWN-JACKSON TWP	3.5825	1,584	25.5622	405	1,179	15.8372	187	992	397	394	2,837
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.