2005 Property Tax Rates: Shelby County, IN
Summary Statistics
                         Gross Rate for:            Net Rate for:
                         This county  The State     This county  The State
           Highest          3.5825       8.3101        2.6667       6.5369
           Lowest           1.7052       1.1245        1.1332       0.7234
           Median             1.93         2.33          1.33         1.70


                                                 Gross                           Net
District    District Name                        Rate    Rank     SPTRC  Rank    Rate   Rank
  001   ADDISON TOWNSHIP                         1.7825  1805    31.0006  297    1.2299 1777
  002   SHELBYVILLE CITY-ADDISON TOWNS           2.6984   565    26.9767 1042    1.9705  616
  004   BRANDYWINE TOWNSHIP                      1.7071  1869    33.3791  126    1.1373 1890
  005   SHELBYVILLE CITY-BRANDYWINE TO           2.5947   669    28.7667  684    1.8483  760
  007   HANOVER TOWNSHIP                         1.9573  1586    31.1519  283    1.3476 1628
  008   MORRISTOWN TOWN                          2.3112  1003    30.2370  416    1.6124 1144
  009   HENDRICKS TOWNSHIP                       1.8201  1750    30.8188  321    1.2592 1726
  010   JACKSON TOWNSHIP                         1.8153  1755    30.8369  314    1.2555 1731
  011   LIBERTY TOWNSHIP                         1.9166  1652    31.5950  234    1.3111 1663
  012   MARION TOWNSHIP                          1.7874  1797    30.9962  298    1.2334 1770
  013   MORAL TOWNSHIP                           1.7295  1849    32.8984  157    1.1605 1883
  014   NOBLE TOWNSHIP                           1.9324  1628    31.3289  267    1.3270 1652
  015   ST. PAUL TOWN-DECATUR CO. SCHO           2.2370  1129    32.0555  206    1.5199 1322
  016   SHELBY TOWNSHIP-EAST                     1.9621  1579    31.1109  286    1.3517 1618
  017   SHELBY TOWNSHIP-WEST                     1.8305  1740    30.5254  370    1.2717 1710
  018   SUGAR CREEK TOWNSHIP                     1.7052  1871    33.5472  113    1.1332 1891
  019   UNION TOWNSHIP                           1.9349  1623    31.4187  251    1.3270 1652
  020   VAN BUREN TOWNSHIP                       1.9484  1602    31.3193  269    1.3382 1641
  021   WASHINGTON TOWNSHIP                      1.8257  1744    30.7948  326    1.2635 1720
  022   ST. PAUL TOWN-SHELBY EASTERN S           2.4015   886    30.1560  437    1.6773 1017
  023   SHELBYVILLE CITY-SHELBY TOWNSH           2.7098   559    26.9729 1045    1.9789  605
  024   SHELBYVILLE CITY-MARION TOWNSH           2.7056   560    26.9753 1043    1.9758  610
  025   EDINBURG TOWN-JACKSON TOWNSHIP           3.5825   113    25.5622 1347    2.6667  132

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