Starke County Property Tax Bills by Tax District
Pay 2005
Assessment and Deductions
Median Home Value, 2000 Census	80,000
Assessment-Sales Ratio	0.952
Gross Assessed Value	76,160
Homestead Deduction	35,000
Mortgage Deduction	3,000
Net Assessed Value	38,160
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 - CALIFORNIA TWP-NJSP SCH	2.5738	982	24.3630	239	743	9.7686	73	670	1,078	282	2,008
002 - CALIFORNIA TWP-KNOX SCH	2.6737	1,020	23.6539	241	779	9.4142	73	706	952	297	2,114
003 - CENTER TWP	2.5547	975	23.8003	232	743	8.8687	66	677	1,041	285	2,028
004 - KNOX CITY (CENTER)	3.5472	1,354	21.8014	295	1,059	10.9916	116	942	471	396	2,823
007 - JACKSON TWP	2.4713	943	24.7723	234	709	9.5898	68	641	1,202	270	1,922
008 - NORTH BEND TWP	1.9775	755	26.5092	200	555	10.5122	58	496	1,673	209	1,487
009 - OREGON TWP	2.1479	820	26.8975	220	599	10.7616	64	535	1,529	225	1,602
011 - RAILROAD TWP	2.6096	996	22.7683	227	769	8.1300	63	707	950	297	2,117
012 - WASHINGTON TWP	2.6209	1,000	23.5508	236	765	8.9844	69	696	985	293	2,085
013 - WAYNE TWP	2.4826	947	24.5220	232	715	9.3687	67	648	1,180	272	1,941
014 - NORTH JUDSON TOWN (WAYNE)	3.2605	1,244	23.7345	295	949	12.3707	117	832	658	350	2,491
015 - DAVIS TWP	2.1531	822	26.8572	221	601	10.7568	65	536	1,521	225	1,607
016 - HAMLET TOWN-DAVIS TWP	3.3630	1,283	22.7388	292	992	12.2602	122	870	583	366	2,606
017 - HAMLET TOWN-OREGON TWP	3.3629	1,283	22.7425	292	991	12.2646	122	870	585	366	2,606
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.