Warren County Property Tax Bills by Tax District
Pay 2005
Assessment and Deductions
Median Home Value, 2000 Census	74,100
Assessment-Sales Ratio	0.954
Gross Assessed Value	70,691
Homestead Deduction	35,000
Mortgage Deduction	3,000
Net Assessed Value	32,691
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	1.8911	618	31.9386	197	421	13.6888	58	363	1,908	163	1,148
002 - PINE VILLAGE (ADAMS)	2.6301	860	29.1023	250	610	16.3747	100	510	1,629	229	1,612
003 - JORDAN TWP	1.8717	612	32.0460	196	416	13.5892	57	359	1,919	161	1,136
004 - KENT TWP	1.9450	636	31.6577	201	435	13.9621	61	374	1,895	168	1,182
005 - STATE LINE (KENT)	2.4140	789	27.6910	219	571	13.0484	74	496	1,674	223	1,569
006 - LIBERTY TWP	1.8672	610	32.0595	196	415	13.5495	56	359	1,920	161	1,134
007 - MEDINA TWP	1.9568	640	33.9239	217	423	14.0626	59	363	1,907	163	1,149
008 - MOUND TWP	2.0386	666	30.8081	205	461	11.9703	55	406	1,868	182	1,284
009 - PIKE TWP	1.9979	653	31.3815	205	448	14.1928	64	385	1,886	173	1,216
010 - WEST LEBANON (PIKE)	2.5665	839	29.2428	245	594	16.1571	96	498	1,667	223	1,574
011 - PINE TWP	1.9052	623	31.8523	198	424	13.7463	58	366	1,902	164	1,158
012 - PRAIRIE TWP	1.9385	634	34.0594	216	418	14.0003	59	359	1,918	161	1,136
013 - STEUBEN TWP	1.8762	613	31.8924	196	418	13.4358	56	362	1,912	162	1,144
014 - WARREN TWP	1.8610	608	32.1174	195	413	13.5487	56	357	1,923	160	1,129
015 - WASHINGTON TWP	2.0675	676	30.5883	207	469	13.8616	65	404	1,869	181	1,278
016 - WILLIAMSPORT	2.4490	801	28.8509	231	570	14.8207	84	485	1,706	218	1,534
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.