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Tipton

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Budget

The budget order is a critical document in calculating tax bills. The order contains the state's certification of the approved budget, the certified net assessed value, the tax rate and the levy for each fund of each taxing unit in a county. The order also gives the total tax rate for each taxing district.

Reports

  • 2020 Estimated Local Income Tax Distributions
  • 2020 Report 1 - Estimated Tax Cap Credits by Unit
  • 2020 Maximum Mental Health and Developmental Disabilities Appropriations
  • 2020 Estimated Debt Service Payments and Levies
  • 2020 Calculation of Estimated Maximum Levy
  • 2020 Library Estimated Maximum Budget Report
  • 2020 Calculation of Estimated Cumulative Fund Maximum Rates
  • 2020 Line 7 Worksheet
  • 2020 Estimated Miscellaneous Revenues
  • 2020 TIF Neutralization Form

Assessment

As part of the Annual Adjustment process, counties are responsible for submitting a ratio study and uniformity for all classes of property in all townships. The ratio study measures the accuracy and equity of assessments. It is determined by the formula: Assessed Value/Sale Price = Ratio. The assessment ratio for all properties in Indiana is to be 100%.

The accuracy of assessments refers to how close the assessments determined by local assessing officials are to market value-in-use.

  • 2015 Ratio Study
  • 2015 Approval Letter
  • 2015 Narrative
  • 2014 Ratio Study
  • 2014 Approval Letter
  • 2014 Narrative
  • 2013 Ratio Study
  • 2013 Approval Letter
  • 2013 Narrative
  • 2012 Ratio Study
  • 2012 Approval Letter
  • 2012 Narrative
  • 2011 Ratio Study
  • 2011 Approval Letter
  • 2011 Narrative
  • 2010 Ratio Study
  • 2010 Approval Letter
  • 2010 Narrative

Assessment Progress

On-time property tax billing is a culmination of a year's worth of work of locally elected officials. The process can be separated into two stages: Assessment-to-Budget and Budget-to-Tax Billing. Because these two stages are closely tied, delays in any of the steps in these two stages can have an affect on the timing of property tax bills.

Because each report is very technical in nature, please view the Glossary for definitions of terms used.

Note: The Department will not be providing GANTT Charts for Assessment-to-Tax Billing cycles after 2009-pay-2010.