2005 Property Tax Rates: Clinton County, IN Summary Statistics Gross Rate for: Net Rate for: This county The State This county The State Highest 3.3617 8.3101 2.5143 6.5369 Lowest 1.7705 1.1245 1.2248 0.7234 Median 1.98 2.33 1.44 1.70 Gross Net District District Name Rate Rank SPTRC Rank Rate Rank 001 CENTER TOWNSHIP 1.9646 1574 27.2544 985 1.4292 1489 003 FOREST TOWNSHIP 1.8419 1721 30.2899 403 1.2840 1695 004 JACKSON TOWNSHIP 1.9500 1596 27.2065 1000 1.4195 1506 005 JOHNSON TOWNSHIP 1.8840 1684 30.2111 426 1.3148 1659 006 KIRKLIN TOWNSHIP 1.9205 1647 28.8662 662 1.3661 1605 007 KIRLIN TOWN 2.5208 755 27.2354 991 1.8343 780 008 MADISON TOWNSHIP 1.9904 1538 26.8790 1057 1.4554 1432 009 MULBERRY TOWN 2.4423 842 26.0493 1255 1.8061 834 010 MICHIGAN TOWNSHIP 1.7967 1779 30.6770 344 1.2455 1753 011 MICHIGANTOWN TOWN 2.1738 1241 28.8604 664 1.5464 1270 012 OWEN TOWNSHIP 2.1709 1249 25.0727 1426 1.6266 1116 013 PERRY TOWNSHIP 2.0108 1506 26.5464 1135 1.4770 1395 014 COLFAX TOWN 3.1752 278 25.3025 1391 2.3718 289 015 ROSS TOWNSHIP 2.1658 1260 24.8623 1459 1.6273 1115 016 ROSSVILLE TOWN 2.5049 763 24.5263 1507 1.8905 709 017 SUGAR CREEK TOWNSHIP 1.7822 1806 30.7637 333 1.2339 1769 018 UNION TOWNSHIP 1.9454 1608 27.5566 909 1.4093 1531 019 WARREN TOWNSHIP 1.7705 1817 30.8190 320 1.2248 1785 020 WASHINGTON TOWNSHIP 1.9337 1625 27.2113 999 1.4075 1541 021 FRANKFORT CITY 3.3617 180 25.2080 1410 2.5143 201 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