2004 Property Tax Rates: Boone County, IN
Summary Statistics
                         Gross Rate for:            Net Rate for:
                         This county  The State     This county  The State
           Highest          2.4663       8.8593        1.9144       6.8258
           Lowest           1.5618       1.0615        1.1077       0.7668
           Median             1.94         2.23          1.46         1.60


                                                 Gross                           Net
District    District Name                        Rate    Rank     SPTRC  Rank    Rate   Rank
  001   CENTER TOWNSHIP                          2.0777  1244    24.7314 1612    1.5639 1057
  002   LEBANON CITY                             2.4663   660    23.3791 1738    1.8897  587
  003   ULEN TOWN                                2.2322   981    24.2132 1674    1.6917  823
  004   CLINTON TOWNSHIP                         1.5653  1879    28.0608 1006    1.1261 1806
  005   EAGLE TOWNSHIP                           1.9898  1391    16.6878 1935    1.6577  880
  006   ZIONSVILLE TOWN                          2.2799   914    16.0319 1942    1.9144  555
  007   HARRISON TOWNSHIP                        1.5618  1881    28.0789 1002    1.1233 1815
  008   JACKSON TOWNSHIP                         1.5759  1874    27.9466 1045    1.1355 1789
  009   ADVANCE TOWN                             2.2685   932    23.4915 1731    1.7356  767
  010   JAMESTOWN TOWN                           1.8285  1611    26.5278 1330    1.3434 1496
  011   JEFFERSON TOWNSHIP                       1.6949  1783    26.6816 1294    1.2427 1646
  012   MARION TOWNSHIP                          1.6037  1864    30.9294  441    1.1077 1835
  013   PERRY TOWNSHIP                           1.8629  1574    26.1159 1386    1.3764 1434
  014   SUGAR CREEK TOWNSHIP                     1.7594  1715    26.0619 1397    1.3009 1566
  015   THORNTOWN TOWN                           2.0572  1285    25.0300 1571    1.5423 1114
  016   UNION TOWNSHIP                           1.9922  1384    16.8201 1933    1.6571  882
  017   WASHINGTON TOWNSHIP                      1.6911  1784    26.7231 1286    1.2392 1651
  018   WORTH TOWNSHIP                           1.9444  1457    24.9788 1580    1.4587 1264
  019   WHITESTOWN TOWN                          2.2930   890    24.7198 1614    1.7262  778

Notes:
1) With the 2002 reassessment, Indiana changed from "true tax value" to
   "market based value".  As a result, rates will vary significantly from
   previous years.  This does not necessarily indicate significant changes
   in taxes levied.

2) Ranks are among 1,947 taxing districts so far reported.

3) SPTRC is State Property Tax Replacement Credit.

4) Net rate is derived as follows:  multiply state property tax replacement
   factor (SPTRC) by .01, subtract this number from 1;  multiply gross rate
   by the result.

5) The replacement factor determines by how much money the tax bill is
   lowered by fund transfers from the State of Indiana.

6) Net rate does not reflect possible homestead, special case,
   or county-specific credits.

7) The source agency for these rates is the Indiana Department of
   Local Government Finance and specific tax related questions
   should be addressed to their office.
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Data organized by the Indiana Business Research Center,
Indiana University, Kelley School of Business.

STATS Indiana
www.stats.indiana.edu
File produced:  Mar 31, 2005