2005 Property Tax Rates: Boone County, IN
Summary Statistics
                         Gross Rate for:            Net Rate for:
                         This county  The State     This county  The State
           Highest          2.6273       8.3101        2.2091       6.5369
           Lowest           1.5992       1.1245        1.0586       0.7234
           Median             2.20         2.33          1.66         1.70


                                                 Gross                           Net
District    District Name                        Rate    Rank     SPTRC  Rank    Rate   Rank
  001   CENTER TOWNSHIP                          2.2022  1192    23.3847 1665    1.6872  993
  002   LEBANON CITY                             2.6273   641    22.0896 1798    2.0469  530
  003   ULEN TOWN                                2.3666   929    22.9696 1717    1.8230  810
  004   CLINTON TOWNSHIP                         1.6944  1880    28.4761  728    1.2119 1808
  005   EAGLE TOWNSHIP                           2.2382  1125    16.7885 1948    1.8624  741
  006   ZIONSVILLE TOWN                          2.6206   645    15.7008 1953    2.2091  393
  007   HARRISON TOWNSHIP                        1.6906  1883    28.4953  719    1.2089 1811
  008   JACKSON TOWNSHIP                         1.7060  1870    28.3628  753    1.2221 1790
  009   ADVANCE TOWN                             2.4302   859    23.9579 1582    1.8480  764
  010   JAMESTOWN TOWN                           2.1986  1197    24.1336 1560    1.6680 1035
  011   JEFFERSON TOWNSHIP                       1.8422  1720    26.9262 1052    1.3462 1632
  012   MARION TOWNSHIP                          1.5992  1903    33.8066   90    1.0586 1908
  013   PERRY TOWNSHIP                           2.0023  1519    24.3429 1532    1.5149 1337
  014   SUGAR CREEK TOWNSHIP                     1.9082  1661    26.3433 1193    1.4055 1546
  015   THORNTOWN TOWN                           2.2188  1163    25.3106 1390    1.6572 1055
  016   UNION TOWNSHIP                           2.2469  1109    16.8439 1947    1.8684  734
  017   WASHINGTON TOWNSHIP                      1.8388  1727    26.9633 1047    1.3430 1635
  018   WORTH TOWNSHIP                           2.1115  1341    22.9916 1713    1.6260 1119
  019   WHITESTOWN TOWN                          2.3944   902    22.8572 1729    1.8471  767

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.
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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:  Aug 30, 2005