Vigo County Property Tax Bills by Tax District
Pay 2005
Assessment and Deductions
Median Home Value, 2000 Census	72,500
Assessment-Sales Ratio	1.004
Gross Assessed Value	72,790
Homestead Deduction	35,000
Mortgage Deduction	3,000
Net Assessed Value	34,790
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 - FAYETTE TWP	2.2207	773	30.3547	235	538	13.9369	75	463	1,757	202	1,432
002 - TERRE HAUTE CITY-HARRISON TOWN	3.7018	1,288	26.3994	340	948	16.8130	159	789	750	344	2,438
003 - HONEY CREEK TWP	2.2836	794	30.1521	240	555	14.3900	80	475	1,725	208	1,469
004 - HONEY CREEK TWP-SANITARY	2.4481	852	28.1453	240	612	13.0605	80	532	1,545	232	1,645
005 - TERRE HAUTE CITY-HONEY CREEK T	3.6681	1,276	26.4316	337	939	16.7463	157	782	768	341	2,417
006 - LINTON TWP	2.1829	759	30.7738	234	526	14.1409	74	451	1,776	197	1,396
007 - LOST CREEK TWP	2.2296	776	30.4006	236	540	14.0882	76	464	1,754	203	1,434
008 - LOST CREEK TWP-SANITARY	2.3941	833	28.3177	236	597	12.7453	76	521	1,588	228	1,611
009 - TERRE HAUTE CITY-LOST CREEK TO	3.6872	1,283	26.4136	339	944	16.7849	158	786	758	343	2,429
010 - SEELYVILLE TOWN	2.5903	901	27.8134	251	651	13.5155	88	563	1,434	246	1,740
011 - NEVINS TWP	2.1937	763	30.6927	234	529	14.1360	75	454	1,772	198	1,404
012 - OTTER CREEK TWP	2.1871	761	30.6752	233	527	14.0481	74	453	1,775	198	1,402
013 - OTTER CREEK TWP-SANITARY	2.3516	818	28.5349	233	585	12.6802	74	511	1,626	223	1,579
014 - TERRE HAUTE CITY-OTTER CREEK T	3.6757	1,279	26.3539	337	942	16.9105	159	783	765	342	2,420
015 - PIERSON TWP	2.2235	774	30.2794	234	539	13.8618	75	465	1,752	203	1,437
016 - PRAIRIE CREEK TWP	2.2220	773	30.6121	237	536	14.2976	77	460	1,763	201	1,422
017 - PRAIRIETON TWP	2.3041	802	30.5188	245	557	14.9183	83	474	1,730	207	1,465
018 - RILEY TWP	2.2477	782	30.2858	237	545	14.1290	77	468	1,746	204	1,448
019 - RILEY TWP-SANITARY	2.4122	839	28.2292	237	602	12.7956	77	525	1,568	229	1,624
020 - RILEY TOWN	2.5035	871	29.5041	257	614	15.1654	93	521	1,589	228	1,611
021 - SUGAR CREEK TWP	2.3960	834	30.2158	252	582	15.2782	89	493	1,686	215	1,524
022 - WEST TERRE HAUTE TOWN	3.5555	1,237	27.6747	342	895	18.0227	161	733	879	320	2,268
023 - TERRE HAUTE CITY -- RILEY TOWN	3.6801	1,280	26.4182	338	942	16.7699	158	784	759	343	2,425
024 - LINTON TWP - SANITARY	2.4604	856	28.0683	240	616	13.0515	80	535	1,527	234	1,655
025 - FAYETTE NEW GOSHEN FIRE	2.2146	770	30.5616	235	535	14.1589	76	459	1,764	201	1,420
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.