Total City Property Tax Rates (Prior To 2006) Scroll down to see updated information for 2006-2010.
(Per $100 Assessed Valuation)
City of Brazil
Brazil Township
Property Tax: $3.0570 per $100 of assessed valuation before real and other property tax credit of 28.0344% and business personal property tax credit of 12.8034% (paid by State from sales tax receipts) for 2005 taxes payable in 2006. Household goods exempt.
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By Year Payable |
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2005 |
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2004 |
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2003 |
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2002 (1) |
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2001 |
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State |
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$0.0024 |
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$ 0.0024 |
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$ 0.0033 |
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$ 0.0033 |
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$ 0.0100 |
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County |
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0.3486 |
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0.3355 |
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0.2997 |
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0.4427 |
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1.2918 |
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Township |
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0.0459 |
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0.0231 |
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0.0214 |
|
0.0272 |
|
0.0707 |
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School |
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1.6643 |
|
1.4668 |
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1.2330 |
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1.9870 |
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6.0355 |
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Library |
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0.1634 |
|
0.0888 |
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0.0829 |
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0.1223 |
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0.3559 |
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Corporation |
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0.8324 |
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0.7133 |
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0.6723 |
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0.8740 |
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2.5436 |
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Total Tax Rate |
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$3.0570 |
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$ 2.6299 |
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$ 2.3126 |
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$ 3.4565 |
|
$ 10.3075 |
(1) The method of assessing real property was changed for payable year 2002 resulting in assessed values of approximately three times prior years’ assessed valuations and one-third of prior years’ tax rates.
Source: Clay County Auditor’s Office
The method of assessing real property in the State of Indiana was changed for payable year 2002 resulting in assessed values of approximately three times prior years’.
|
Year Payable |
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City of Brazil |
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Clay County |
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2005 |
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$201,760,535 |
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$926,614,675 |
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2004 |
|
192,309,308 |
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913,418,478 |
|
2003 |
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192,750,160 |
|
919,941,319 |
|
2002 |
|
126,441,695 |
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607,127,539 |
|
2001 |
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40,725,392 |
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195,183,390 |
|
2000 |
|
39,390,142 |
|
189,764,159 |
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1999 |
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38,674,325 |
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188,064,172 |
Property Taxes Levied and Collected
City of Brazil
|
Collection Year |
|
Levied |
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Current and Delinquent Collected |
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% |
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|
|
|
|
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2005 |
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$ 1,418,460 |
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$ 1,394,872 |
|
98.3 |
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2004 |
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1,304,786 |
|
1,227,609 |
|
94.1 |
|
2003 |
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1,297,275 |
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1,237,365 |
|
95.4 |
|
2002 |
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1,106,796 |
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1,063,883 |
|
96.1 |
|
2001 |
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1,037,188 |
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1,011,878 |
|
97.6 |
|
2000 |
|
978,279 |
|
963,547 |
|
98.5 |
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1999 |
|
901,730 |
|
870,075 |
|
96.5 |
Source: Clay County Auditor’s Office
County Adjusted Gross Income Tax
1.25% of Indiana taxable income
6% tangible personal property except food and prescription drugs.
Individual Adjusted Gross Income
3.4% of earnings
$1,000 annual exemption allowed for taxpayer and each dependent. Additional $1,500 annual exemption for dependents under the age of 18.
Cigarettes - 55.5 cents per package
Gasoline – 18 cents per gallon
Excise in lieu of personal property tax based on initial retail price and age of vehicle.
Tax Information 2006-2010
Information may be subject to change/updates
Net Assessed Values
|
Year Payable |
City of Brazil |
Clay County |
| 2006 | 189573130 | 881652190 |
| 2007 | 189676245 | 909332485 |
| 2008 | 189116120 | 916221010 |
| 2009 | 156603046 | 779531442 |
| 2010 | 153493462 | 778909238 |
Property tax levied City of Brazil
| Collection year | Levied | Current and Delinquent Collected | % |
| 2006 | 1578006 | 1589543 | 1.007311 |
| 2007 | 1563122 | 1509340 | 0.965593 |
| 2008 | 1700531 | 1714955 | 1.008482 |
| 2009 | 1684579 | 1303600 | 0.773843 |
| 2010 | 1759034 | 0 | 0 |
Tax Rates
| 2006 | 2007 | 2008 | 2009 | 2010 | |
| State | 0.0024 | 0.0024 | 0.0024 | 0 | 0 |
| County | 0.3473 | 0.3475 | 0.3202 | 0.3914 | 0.396 |
| Welfare | 0.0293 | 0 | 0 | ||
| Township | 0.0459 | 0.0399 | 0.042 | 0.0518 | 0.0525 |
| School | 1.6643 | 1.5854 | 1.6715 | 1.0995 | 1.0846 |
| City | 0.8324 | 0.8241 | 0.8992 | 1.0757 | 1.146 |
| Library | 0.1634 | 0.132 | 0.1537 | 0.1878 | 0.1955 |
| TIR | 0.0013 | 0.0014 | 0.0015 | 0 | 0 |
| TOTAL | 3.057 | 2.9327 | 3.1198 | 2.8062 | 2.8746 |
Property Tax -- 2.8746% per $100 Assessed Value
County Adjusted Gross Income Tax --2.225 of Indiana taxable income
Sales and Use Tax-- 7% tangible property excluding food and prescription drugs.
Individual Adjusted Gross Income -- 3.4% of earnings
Excise Taxes --
Cigarettes-- 20 pack is 0.995 cents, 25 pack is $1.24375, Gasoline -- 18 cents per gallon.
Automobile Tax -- Excise in lieu of personal property tax based on initial price and age of vehicle.
Source: Clay County Auditor's office.