2008 Property Tax Rates: Floyd County, IN

Summary
Statistics		 Gross Rate Net Rate
Floyd County The State Floyd County The State
Highest2.8079 9.1913 2.1778 7.7082
Lowest1.9675 0.9361 1.5169 0.6636
Median2.05 2.38 1.6 1.86
Floyd County Detail Gross Rate State Property Tax Replacement Credit Net Rate
District Name Rate Rank Rate Rank Rate Rank
001 FRANKLIN TOWNSHIP 1.9675 1501 22.9009 753 1.5169 1465
002 GEORGETOWN TOWNSHIP 2.0688 1371 21.6487 1033 1.6209 1308
003 GEORGETOWN TOWN 2.3103 1029 21.1864 1131 1.8208 961
004 GREENVILLE TOWNSHIP 1.9842 1486 22.6790 813 1.5342 1426
005 GREENVILLE TOWN 2.0305 1426 22.8525 765 1.5665 1379
006 LAFAYETTE TOWNSHIP 2.0330 1424 22.0075 961 1.5856 1354
007 NEW ALBANY TOWNSHIP 2.0628 1383 21.6648 1026 1.6159 1315
008 NEW ALBANY CITY 2.8079 459 22.4387 868 2.1778 517

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 1,822 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.

File produced: Apr 7, 2009

Source: Indiana Department of Local Government Finance
Data organized and made accessible by the Indiana Business Research Center at Indiana University's Kelley School of Business via STATS Indiana.