2005 Property Tax Rates: Warrick County, IN Summary Statistics Gross Rate for: Net Rate for: This county The State This county The State Highest 3.2762 8.3101 2.4510 6.5369 Lowest 1.9251 1.1245 1.3737 0.7234 Median 2.02 2.33 1.45 1.70 Gross Net District District Name Rate Rank SPTRC Rank Rate Rank 001 ANDERSON TOWNSHIP 1.9476 1603 28.2843 765 1.3967 1562 002 BOON TOWNSHIP 1.9533 1593 28.4804 725 1.3970 1561 003 BOONVILLE CITY 3.2762 219 25.1863 1414 2.4510 239 005 CHANDLER TOWN-BOON TOWNSHIP 2.2268 1152 27.3356 955 1.6181 1130 006 CAMPBELL TOWNSHIP 1.9251 1636 28.6424 695 1.3737 1597 007 GREER TOWNSHIP 1.9507 1595 28.4059 740 1.3966 1563 008 ELBERFELD TOWN 2.2477 1106 27.3913 941 1.6320 1109 009 HART TOWNSHIP 2.1040 1354 26.2040 1217 1.5527 1254 010 LYNNVILLE TOWN 2.1095 1342 28.0548 805 1.5177 1330 011 LANE TOWNSHIP 1.9488 1601 28.6243 700 1.3910 1570 014 NEWBURGH TOWN 2.3040 1018 26.8913 1056 1.6844 995 015 OWEN TOWNSHIP 2.0151 1501 28.1759 784 1.4473 1449 016 PIGEON TOWNSHIP 1.9825 1552 28.1653 788 1.4241 1498 017 SKELTON TOWNSHIP 1.9777 1556 28.2355 771 1.4193 1507 018 TENNYSON TOWN 2.3179 997 27.2214 996 1.6869 994 019 OHIO TOWNSHIP 1.9939 1534 27.6784 885 1.4420 1468 020 CHANDLER TOWN-OHIO TOWNSHIP 2.2759 1071 26.6881 1101 1.6685 1034 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 1,954 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. -------------------------------------------------------------------- Data organized by the Indiana Business Research Center, Indiana University, Kelley School of Business. STATS Indiana www.stats.indiana.edu File produced: Aug 30, 2005