Indiana State and Local Governments as the Recovery Begins1 The April Revenue Forecast and the State...
16
Purdue Cooperative Extension Service On Local Government Hints of Recovery: Indiana State and Local Governments as the Recovery Begins Larry DeBoer Department of Agricultural Economics Purdue University May 26, 2011 For more information DeBoer’s Indiana Local Government Information Website: www.agecon.purdue.edu/crd/Localgov
Transcript of Indiana State and Local Governments as the Recovery Begins1 The April Revenue Forecast and the State...
Purdue Cooperative Extension Service
On Local Government
Hints of Recovery:
Indiana State and Local Governments as
the Recovery Begins
Larry DeBoer
Department of Agricultural Economics
Purdue University
May 26, 2011
For more information
DeBoer’s Indiana Local Government Information Website:
www.agecon.purdue.edu/crd/Localgov
1
The April Revenue Forecast and the State Budget
Co
mp
aris
on
of
Act
ual
FY2
011
Rev
enu
es t
o F
Y201
0 an
d F
ore
cast
s
Actu
al
Re
ve
nu
es
Fo
reca
sts
F
Y 2
011 A
ctu
al
Dif
fere
nce
Fro
m:
Act
ual
Act
ual
Bu
dge
tR
evi
sio
nB
ud
get
Act
ual
Bu
dge
tR
evi
sio
nR
evi
sio
n
FY 2
011
FY 2
010
May
'09
De
c. '1
0A
pri
l '10
FY 2
010
May
'09
De
c. '1
0A
pri
l '10
Ju
ly '10
$917
$843
$989
$938
$957
$75
($72)
($21)
($40)
Au
gu
st$938
$865
$940
$898
$904
$72
($2)
$40
$34
Se
pte
mb
er
$1,1
62
$1,0
98
$1,2
70
$1,1
97
$1,1
89
$64
($108)
($35)
($27)
Octo
be
r$959
$965
$1,0
40
$986
$1,0
00
($6)
($81)
($27)
($41)
No
ve
mb
er
$917
$811
$919
$879
$881
$106
($2)
$38
$36
De
ce
mb
er
$1,1
25
$989
$1,1
42
$1,0
83
$1,0
85
$136
($17)
$42
$40
Ja
nu
ary
'11
$1,2
77
$1,1
48
$1,2
92
$1,2
36
$1,2
43
$129
($15)
$41
$34
Fe
bru
ary
$716
$637
$741
$710
$712
$78
($26)
$6
$4
Ma
rch
$977
$908
$990
$945
$952
$69
($13)
$32
$25
Ap
ril
$1,4
74
$1,4
37
$1,6
12
$1,5
20
$1,5
61
$37
($139)
($47)
($88)
Ma
y$982
$1,0
74
$1,0
30
$1,0
48
Ju
ne
$1,5
04
$1,6
00
$1,5
29
$1,5
39
Ye
ar
to D
ate
(th
rou
gh
Ap
ril)
$10,4
61
$9,7
01
$10,9
35
$10,3
92
$10,4
84
$760
($474)
$69
($23)
Actu
al
YT
D,
pe
rce
nt
ch
an
ge
7.8
%-4
.3%
0.7
%-0
.2%
To
tal,
12 m
on
ths
$12,1
87
$13,6
09
$12,9
51
$13,0
71
11.7
%6.3
%7.3
%
Fo
reca
st,
2012
$13,4
02
$13,7
41
Pe
rce
nt
ch
an
ge
fro
m F
Y2011
3.5
%5.1
%
Fo
reca
st,
2013
$13,9
46
$14,2
49
Pe
rce
nt
ch
an
ge
fro
m F
Y2012
4.1
%3.7
%
Sourc
e:
India
na S
tate
Budget
Agency,
End-o
f-M
onth
Reve
nue R
eport
s,
July
2010 -
pre
sent;
Sta
te R
eve
nue F
ore
cast.
, A
pril 2011.
2
In
dia
na
Sta
te B
ud
get
Su
mm
ary
, F
Y 2
00
0-2
01
3(m
illions
of
dollars
, L
SA
fis
cal note
on f
inal budget,
Apri
l 2011 R
evenue F
ore
cast
)
Actu
al
Actu
al
Actu
al
Actu
al
Actu
al
Actu
al
Actu
al
Actu
al
Actu
al
Actu
al
Actu
al
Bu
dg
et
Bu
dg
et
Bu
dg
et
Av
g.
An
n.
Ch
an
ge
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
00
-09
20
09
-11
20
11
-13
Sta
rt o
f Y
ear
Bala
nce
s1,9
91
1,6
38
910
534
720
533
750
1,0
89
1,2
86
1,4
13
1,4
20
831
797
841
Re
ve
nu
es
Sale
s T
ax
3,6
51
3,6
87
3,7
61
4,1
72
4,7
21
4,9
60
5,2
26
5,3
79
5,6
86
6,1
53
5,9
15
6,2
14
6,5
18
6,7
96
6.0
%0.5
%4.6
%
Indiv
idual In
com
e T
ax
3,7
53
3,7
80
3,5
41
3,6
44
3,8
08
4,2
13
4,3
22
4,6
16
4,8
38
4,3
14
3,8
76
4,3
90
4,7
74
5,0
51
1.6
%0.9
%7.3
%
Corp
ora
te I
ncom
e T
ax
985
855
709
729
645
825
925
987
910
839
592
673
687
692
-1
.8%
-10.5
%1.4
%
Gam
ing
-
-
-
431
602
585
590
625
583
621
680
681
700
667
4.7
%-1
.0%
All
Oth
er
810
801
784
1,0
72
1,1
43
905
1,3
70
1,0
96
1,1
87
1,1
25
1,2
55
1,2
11
1,1
58
1,1
95
3.7
%3.8
%-0
.7%
Tota
l9,2
00
9,1
23
8,7
96
10,0
49
10,9
18
11,4
89
12,4
34
12,7
03
13,2
03
13,0
52
12,3
17
13,1
68
13,8
36
14,4
02
4.0
%0.4
%4.6
%
Ap
pro
pri
ati
on
s
K-1
2 E
ducation
3,9
05
4,1
82
4,1
85
4,3
80
4,2
47
4,5
12
4,5
82
4,6
47
4,8
30
6,1
69
7,4
50
7,5
84
7,2
85
7,3
52
5.2
%10.9
%-1
.5%
Hig
her
Education
1,3
31
1,3
90
1,4
11
1,4
40
1,4
74
1,5
28
1,5
44
1,5
88
1,6
54
1,7
44
1,7
25
1,7
55
1,6
96
1,7
02
3.0
%0.3
%-1
.5%
Medic
aid
1,0
42
1,1
44
1,1
71
1,2
49
1,2
66
1,3
83
1,4
55
1,5
25
1,5
87
1,6
64
1,8
48
1,8
74
1,8
58
2,0
24
5.3
%6.1
%3.9
%
Pro
pert
y T
ax R
elie
f1,0
57
1,1
54
1,1
80
1,1
57
2,0
97
2,1
43
2,1
53
2,1
89
2,3
08
1,6
99
136
36
-
-
5.4
%-8
5.5
%-1
00.0
%
Health &
Socia
l S
erv
ices
757
774
858
855
767
768
836
860
943
1,2
37
1,3
54
1,3
54
1,2
31
1,2
32
5.6
%4.6
%-4
.6%
Public
Safe
ty621
623
678
681
695
697
718
718
721
801
781
796
763
770
2.9
%-0
.3%
-1.6
%
All
Oth
er
1,0
05
923
824
1,1
36
763
719
787
831
943
1,1
22
1,0
89
1,0
52
1,0
16
1,1
60
1.2
%-3
.2%
5.0
%
Tota
l9,7
18
10,1
90
10,3
07
10,8
98
11,3
10
11,7
50
12,0
75
12,3
59
12,9
86
14,4
36
14,3
83
14,4
50
13,8
49
14,2
41
4.5
%0.0
%-0
.7%
Cu
rre
nt
Ye
ar
Su
rplu
s/D
efi
cit
(518)
(1
,067)
(1
,511)
(8
50)
(392)
(262)
359
345
217
(1
,384)
(2
,066)
(1
,282)
(1
3)
161
AR
RA
Medic
aid
405
573
466
-
-
AR
RA
Fis
cal S
tabili
zation
587
110
35
-
-
AR
RA
Tota
l992
683
501
-
-
Tra
nsf
ers
fro
m (
to)
Oth
er
Funds
30
236
617
376
138
257
12
70
19
73
165
1
27
27
Revers
ions
134
103
145
323
63
222
125
119
133
357
630
747
30
30
Paym
ent
Dela
ys
(Revers
als
)-
-
374
337
3
-
(156)
(3
37)
(241)
(31)
-
-
-
-
Tota
l A
dju
stm
ents
165
339
1,1
35
1,0
36
204
479
(20)
(148)
(89)
399
794
747
57
57
En
d o
f Y
ear
Bala
nce
s
Genera
l F
und
833
19
0
137
0
119
411
537
593
55
831
796
837
1,0
53
Tuitio
n R
ese
rve F
und
265
265
265
305
291
291
317
317
400
942
-
-
-
-
Medic
aid
Rese
rve
-
100
-
-
-
24
34
88
58
58
-
-
-
-
Rain
y D
ay F
und
540
526
269
279
242
317
328
344
363
365
-
1
4
6
Tota
l1,6
38
910
534
720
533
750
1,0
89
1,2
86
1,4
13
1,4
20
831
797
841
1,0
59
To
tal
Bala
nce
s %
of
Re
ve
nu
e17.8
%10.0
%6.1
%7.2
%4.9
%6.5
%8.8
%10.1
%10.7
%10.9
%6.7
%6.1
%6.1
%7.3
%
5%
of
Revenue
460
456
440
502
546
574
622
635
660
653
616
658
692
720
Paym
ent
Dela
y L
iabili
ty-
-
372
711
712
726
622
286
31
-
-
-
-
-
Ap
pro
pri
ati
on
s l
ess R
ev
ers
ion
s9,5
84
10,0
87
10,1
62
10,5
75
11,2
47
11,5
28
11,9
50
12,2
40
12,8
54
14,0
79
13,7
54
13,7
04
13,8
19
14,2
11
Perc
ent
Change
5.2
%0.7
%4.1
%6.4
%2.5
%3.7
%2.4
%5.0
%9.5
%-2
.3%
-0.4
%0.8
%2.8
%
Pre
pare
d b
y L
arr
y D
eB
oer,
Depart
ment
of
Agri
cultura
l E
conom
ics,
Purd
ue U
niv
ers
ity a
nd P
urd
ue C
oopera
tive E
xte
nsi
on S
erv
ice, A
pri
l 2011.
3
4
2012 and 2013 School Formula Simulation
2011 2012 2013
ADM 998,399 999,124 999,279
0.1% 0.0%
State Regular 5,655,019,503 5,536,131,894 5,601,056,731
Per ADM 5,664 5,541 5,605
Percent Change -2.2% 1.2%
Total Regular 5,831,549,077 5,536,131,894 5,601,056,731
Per ADM 5,841 5,541 5,605
Percent Change -5.1% 1.2%
All State Aid 6,575,011,188 6,277,783,386 6,339,582,776
Per ADM 6,586 6,283 6,344
Percent Change -4.6% 1.0%
Reductions 327,304,225
Net State Aid 6,247,706,963 6,277,783,386 6,339,582,776
Per ADM 6,258 6,283 6,344
Percent Change 0.4% 1.0%
State Regular is distributed by the state aid formula.
Total regular includes the "restore" grant in 2011, funded with Federal
stimulus aid.
All State Aid includes the special education, vocational, prime time
and honors grants.
Reductions are spending cuts below appropriations.
Net State Aid is All State Aid less Reductions.
5
Recession, Trending and the Tax Caps
6
Recession, Trending and Tax Caps
Recession reduced property prices and new construction in 2009 in many
counties.
Trending incorporates reduced prices into assessed values in 2010.
2010 assessments are used for property tax billing in 2011.
Lower assessed values require higher tax rates to raise a particular levy.
Higher tax rates make more taxpayers eligible for tax cap credits, in taxing
districts where rates are already higher.
Tax cap credits are revenue lost to local governments.
Property tax revenue is vulnerable to recession, with a two-year lag.
If recovery began in 2010, and trending picks up increases in property values,
after-credit property tax revenue could increase in 2012
Percent Change in Taxable Assessed Value, 2010-2011(69 Counties)
Agriculture Share in A.V.
Increase in Unemployment Rate,
2007-2009
Less than
10% 10% to 20%
More than
20%
All Ag
Shares
Less than 5% 0.5% 3.5% 3.3% 2.1%
5% to 7% -1.0% 0.3% 2.7% 1.1%
More than 7% -1.5% -0.1% 1.5% 0.1%
All Unemployment Changes -0.4% 0.9% 2.5% 1.1%
7
Increase in Unemployment Rate, 2007 – 2009
5 5 5 5 5 5 5 5 6 6 6 6 6 6 6 6 6 6 6 13 13 13 13 13 13 13 13 13 13 11 11 11 11 11 11 11 11 11 11 11 8 8 8 8 8 8 8 8 8
5 5 5 5 5 5 5 5 5 5 6 6 6 13 13 11 11 8 8
5 5 5 6 6 5 5 6 6 6 13 13 11 11 8 8
5 5 5 6 6 6 6 5 5 5 6 6 13 13 11 11 8 8
5 5 5 5 5 5 5 6 6 6 6 6 6 6 5 5 5 6 6 13 13 11 11 8 8
5 5 6 6 5 5 5 6 6 13 13 11 11 8 8
5 5 6 6 5 5 5 6 6 13 13 11 11 8 8
5 5 6 6 5 5 5 6 6 13 13 11 11 11 11 11 11 11 11 11 11 11 8 8 8 8 8 8 8 8 8
5 5 6 6 5 5 6 6 6 13 13 11 11 11 11 11 11 11 11 11 11 11 8 8 8 8 8 8 8 8 8
5 5 6 6 5 5 6 6 6 6 6 6 6 6 6 6 6 13 13 11 11 8 8
5 5 6 6 5 5 5 5 5 5 5 5 5 6 6 8 8 8 8 8 8 8 8 8 13 13 13 13 13 13 13 13 13 13 11 11 8 8
5 5 6 6 5 5 5 5 5 5 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 11 11 8 8
5 5 6 6 5 5 5 5 5 5 8 8 8 8 8 8 8 8 8 8 11 11 8 8
5 5 6 6 5 5 5 5 5 8 8 8 8 8 8 8 11 11 8 8
5 5 6 6 5 5 5 5 5 8 8 8 8 8 8 8 11 11 8 8
5 5 6 6 5 5 5 5 8 8 8 8 8 8 8 8 11 11 11 11 11 11 11 11 11 11 11 8 8
5 5 6 6 6 6 6 6 6 5 5 5 8 8 8 8 8 8 8 8 8 8 8 8 11 11 11 11 11 11 11 11 8 8 8 8 8 8 8 8 8
5 5 6 5 5 5 6 6 6 5 5 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 5 5 5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5 5 5 6 6 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 5 5
5 5 5 5 6 6 5 5 5 5 5 5 5 5 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 5 5
6 6 6 6 6 6 5 5 6 6 6 6 6 6 6 6 6 6 6 7 7 7 7 7 7 7 7 7 8 8 8 8 8 5 5 5
6 6 5 5 6 6 7 7 7 8 8 8 8 8 5 5 5
6 6 5 5 6 6 7 7 7 8 8 8 8 8 5 5 5
6 6 5 5 6 6 7 7 7 8 8 8 8 8 8 8 8 8 8 8 8 5 5 5
6 6 5 5 6 6 7 7 7 7 8 8 8 8 8 8 8 8 8 8 8 5 5 5
6 6 5 5 6 6 7 7 7 7 7 7 8 8 8 8 8 8 8 8 8 5 5 5
6 6 5 5 6 6 7 7 7 7 7 7 8 8 8 8 8 8 8 8 8 8 8 8 8 8 5 5 5
6 6 5 5 6 6 7 7 7 7 7 7 7 8 8 8 8 8 8 8 8 8 8 8 8 8 8 5 5 5
6 6 6 5 5 6 6 7 7 7 7 7 7 7 8 8 8 8 8 8 5 5 5 5 5 5 5 5 5 5 5 5 5
6 6 6 5 5 5 5 5 5 5 5 6 6 6 6 6 6 6 6 6 6 6 7 7 7 7 7 7 7 8 8 8 8 8 8 5 5 5 5 5 5 5 10 10 10 10 10 10
6 6 6 5 5 5 5 5 5 7 7 7 7 7 7 7 7 7 7 7 7 7 7 7 7 7 7 7 7 8 8 8 8 8 8 6 6 6 6 6 6 6 10 10
6 6 6 5 5 5 5 5 5 7 7 7 7 7 7 7 7 7 7 7 7 8 8 8 8 8 8 6 6 10 10
6 6 6 5 5 5 5 7 7 7 7 7 7 7 7 7 8 8 8 8 8 8 6 6 10 10
6 6 6 5 5 5 5 7 7 7 7 7 7 7 7 7 8 8 8 8 8 8 6 6 10 10
6 6 6 5 5 5 5 7 7 7 7 7 7 7 7 7 8 8 8 8 8 8 6 6 10 10
6 6 6 6 6 6 6 5 5 5 5 7 7 7 7 7 7 7 7 7 8 8 8 8 8 8 6 6 10 10
5 5 5 5 5 5 5 5 5 5 7 7 7 7 6 6 6 6 6 7 7 7 7 7 7 7 7 7 8 8 8 8 8 8 6 6 10 10
5 5 7 7 7 7 6 6 6 6 6 6 6 6 6 7 7 7 7 7 8 8 8 8 8 8 6 6 10 10
5 5 7 7 7 7 7 7 7 7 6 6 6 6 7 7 7 7 7 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 6 6 10 10
5 5 7 7 7 7 7 7 7 7 6 6 6 6 7 7 7 7 7 8 8 8 8 6 6 6 6 6 6 6 6 6 6 6 6 6 6 10 10
5 5 7 7 7 7 7 7 7 7 6 6 6 6 7 7 7 7 7 8 8 8 8 6 6 6 6 6 6 10 10
5 5 7 7 7 7 7 7 7 7 6 6 6 6 7 7 7 7 7 8 8 8 8 8 8 8 6 6 6 6 6 6 6 6 6 6 6 10 10 10 10 10 10
5 5 5 5 5 5 5 5 5 5 5 5 6 6 9 9 9 9 9 9 9 9 9 9 9 9 6 6 8 8 8 8 8 8 7 7 7 7 7 7 7 7 7
5 5 5 5 6 6 9 9 6 6 8 8 8 7 7
5 5 5 5 5 5 5 5 5 5 5 5 6 6 9 9 6 6 8 8 8 7 7
7 7 7 7 7 7 7 7 7 7 5 5 6 6 9 9 6 6 8 8 8 7 7
7 7 7 7 5 5 6 6 6 6 6 6 6 6 9 9 6 6 8 8 7 7 7
7 7 7 7 5 5 6 6 6 6 6 6 6 6 6 9 9 9 9 9 9 9 9 9 9 9 6 6 8 8 7 7 7
7 7 7 7 5 5 6 6 6 6 6 6 6 6 6 9 9 8 8 8 8 8 8 8 8 8 6 6 6 6 6 6 6 6 6 6 8 8 8 8 8 7 7 7
7 7 7 7 5 5 6 6 6 8 8 4 4 4 4 4 4 4 5 5 5 5 5 5 5 5 7 7 7
7 7 8 8 5 5 6 6 6 8 8 4 4 5 5 7 7 7 7 7 7 7 7 7 7
7 7 7 7 7 7 7 8 8 8 5 5 6 6 6 8 8 4 4 5 5 6 6 6 6 6 6 6 6 6 6
7 7 7 7 7 7 8 8 8 8 5 5 6 6 6 8 8 4 4 5 5 6 6
7 7 7 7 7 8 8 8 8 8 5 5 5 5 5 5 5 5 5 5 6 6 6 8 8 8 8 8 8 8 8 8 4 4 5 5 6 6
7 7 7 7 8 8 8 8 8 8 6 6 6 6 6 6 6 6 6 6 6 6 6 4 4 4 4 4 4 4 4 4 4 4 5 5 6 6
7 7 8 8 6 6 6 6 6 6 6 6 6 6 6 6 6 6 4 4 4 4 5 5 6 6
7 7 7 8 6 6 6 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 5 5 6 6
6 6 6 8 6 6 6 4 4 4 4 4 4 5 5 6 6
6 6 6 8 6 6 6 4 4 4 4 4 4 5 5 5 5 5 5 5 5 6 6
6 6 8 8 6 6 6 4 4 4 4 4 4 6 6 6 6 6 6 6 6 6 6
6 6 8 8 6 6 6 4 4 4 4 4 4 6 6 6 6
6 6 8 8 6 6 6 4 4 4 4 4 4 6 6 6 6 6 6 6 6 6 6 6 6
6 6 8 8 8 8 8 8 8 8 6 6 6 4 4 4 4 4 4 6 6 6 7 7 7 7 7 7 7 7 7
6 6 5 5 5 5 5 5 5 5 6 6 6 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 6 6 6 7 7
6 6 5 5 6 6 6 4 4 4 4 4 4 4 4 4 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 6 6 6 7 7
6 6 5 5 6 6 6 6 6 6 6 6 6 6 4 4 5 5 5 5 5 6 6 6 7 7
6 6 6 5 5 5 5 5 5 5 5 5 5 5 4 4 5 5 5 5 5 6 6 6 7 7
6 6 5 5 5 5 5 5 4 4 5 5 5 5 6 6 6 7 7 7
6 6 5 5 5 5 5 5 4 4 5 5 5 5 6 6 6 7 7 7
6 6 5 5 5 5 5 5 4 4 5 5 5 5 6 6 6 6 6 6 6 6 6 7 7 7
6 6 5 5 5 5 5 5 4 4 5 5 5 5 5 5 5 5 5 6 6 6 6 6 6 6 6 7 7 7 7 7
6 6 5 5 5 5 5 5 4 4 5 5 5 5 5 5 5 5 5 6 6 7 7 7 7 7 7 7 7 7 7 7 7
6 6 5 5 5 5 5 5 4 4 5 5 5 5 5 5 5 5 5 6 6 7 7 7 7 7 7 7 5 5 5 5 5
6 6 5 5 5 5 5 5 4 4 5 6 6 6 6 6 6 6 6 6 6 7 7 5 5
6 6 5 5 5 5 5 5 5 5 5 5 5 4 4 4 4 4 4 4 4 4 5 5 5 5 5 5 5 5 6 6 6 6 7 7 5 5
5 5 5 5 5 5 5 5 4 4 4 4 4 5 5 5 4 4 4 4 5 5 5 5 5 5 5 5 5 5 5 5 6 6 6 6 7 7 5 5
5 5 5 4 4 4 4 4 5 5 5 5 5 5 5 5 5 5 5 5 5 6 6 6 6 7 7 5 5
5 5 5 4 4 4 4 4 5 5 5 5 5 5 6 6 6 6 7 7 5 5
5 5 5 4 4 4 4 4 5 5 5 5 5 5 6 6 6 6 7 7 7 7 7 7 7 5 5 5 5 5
5 5 4 4 5 5 5 5 5 5 5 5 5 5 5 5 6 6 6 6 5 5 5 5 5 5 5 5 5 5 5 5
5 5 4 4 4 4 4 4 4 4 4 4 5 5 5 5 6 6 6 6 6 6 6 6 6 6 5 5
5 5 4 4 4 4 4 4 4 4 4 4 4 5 5 5 6 6 8 8 8 8 8 8 8 8 5 5
5 5 4 4 4 4 4 4 4 4 4 4 4 5 5 5 6 6 8 8 8 5 5
5 5 4 4 4 4 4 4 4 4 4 4 4 5 5 5 6 6 8 8 8 5 5
5 5 4 4 4 4 4 4 4 4 4 4 4 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 6 6 6 6 6 6 6 6 8 8 8 5 5
5 5 5 4 4 4 4 4 4 4 4 4 3 3 3 3 3 3 3 5 5 5 5 5 5 5 6 6 6 6 6 6 6 6 6 6 8 8 8 8 5 5
5 5 5 4 4 4 4 4 4 4 4 4 3 3 5 5 6 6 8 8 8 8 5 5 5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 4 4 4 4 4 4 4 4 4 3 3 5 5 6 6 8 8 8 8 5 6 6 6 6 6 5 5 5 5 5 5
4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 3 3 5 5 6 6 8 8 8 6 6 6 6 6 6 6 5 5
4 4 4 4 4 4 4 4 4 4 4 3 3 5 5 6 6 8 8 8 8 8 8 8 6 6 6 6 6 6 6 6 5 5
4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 3 3 5 5 6 6 8 8 8 8 8 8 6 6 6 5 5
4 4 4 4 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 5 5 6 6 8 8 8 8 8 8 6 6 5 5 5
4 4 4 4 3 3 3 3 3 5 5 6 6 8 8 8 8 8 8 6 6 5 5 5
4 4 4 3 3 3 3 3 5 5 6 6 6 6 6 6 6 8 8 8 8 8 8 8 8 8 6 6 5 5 5
4 4 3 3 3 3 3 5 5 5 5 5 5 5 6 6 6 6 6 6 6 8 8 8 6 6 5 5 5 5 5 5
4 4 3 3 3 3 3 3 7 7 7 7 7 7 6 6 6 6 6 6 7 8 8 8 6 6 5 5 5 5 5
4 4 3 3 3 3 3 3 3 3 3 3 3 7 7 7 7 7 7 7 7 7 7 7 7 7 8 8 8 6 6 5 5 5 5 6 6
4 3 3 6 6 6 6 6 6 6 6 6 6 7 7 8 8 8 6 6 5 5 5 6 6 6 6
4 4 4 4 4 4 4 3 3 6 6 7 7 8 8 8 6 6 6 6 6 6 6 6 5 6 6 6
4 4 4 4 4 4 4 3 3 3 3 3 3 3 3 3 3 3 3 3 6 6 7 7 8 8 8 6 6 6 6 6 6 4 6 6 6 6 6 6 6
4 4 4 4 4 4 4 4 4 4 4 3 3 3 3 3 4 4 4 4 4 6 6 7 7 8 8 8 8 8 8 8 6 6 6 6 6 6 6 6 4 4 4 4 4 4 4 4 4 4
4 4 4 4 4 4 4 3 3 3 3 3 4 4 4 4 4 6 6 7 7 8 8 8 8 8 8 6 6 4 4 4 4
4 4 4 4 4 4 3 3 3 3 3 3 4 4 4 4 4 6 6 7 7 8 8 8 8 8 6 6 6 4 4 4
4 4 4 3 3 3 3 3 3 3 4 4 6 6 7 7 7 7 7 7 7 7 7 7 7 7 7 7 7 6 6 6 6 6 4 4 4
4 4 4 3 3 4 4 6 6 7 7 7 7 7 6 7 7 7 7 7 7 7 7 7 6 6 6 6 6 4 4 4 4 4 4 4
4 4 4 4 3 3 4 4 6 6 6 6 6 6 6 6 6 6 6 6 7 7 7 7 7 6 6 6 6 6 6 6 6 6 6 6 6 4 4 4 4
4 4 4 3 3 3 4 4 6 6 6 6 6 6 6 6 6 6 6 6 6 7 7 6 6 6 6 6 6 4 4
4 4 4 4 4 4 3 3 4 4 5 5 5 5 5 5 5 5 5 5 6 6 6 7 7 7 6 6 6 6 4
4 4 4 4 4 4 3 3 4 4 5 5 6 6 6 7 7 7 7 6 6 6
4 4 4 4 4 4 3 3 4 4 5 5 6 6 6 7 7 7 7 7 7 7 7 6 6 6
4 4 4 4 4 4 4 3 3 4 4 5 5 6 6 6 7 7 5 5 5 5 5 5 5 5 6
4 4 4 4 4 4 4 4 4 4 4 3 3 4 4 5 5 6 6 6 7 7 5 5 5 5 5 5 5 5 5
4 4 4 4 5 5 5 5 4 5 5 3 3 3 3 3 3 4 4 4 4 4 4 5 5 6 6 6 6 5 5 5 5 5
4 4 4 4 4 5 5 5 5 5 5 5 5 5 5 4 4 3 4 4 4 4 4 4 5 5 6 6 6 5 5 5 5 5 5
4 4 4 4 4 4 4 5 5 5 5 5 5 4 4 4 4 4 4 4 4 4 5 5 6 6 6 6 6 6 6 6 5 5 5 5 5 5 5
4 4 4 4 4 4 4 4 5 5 5 5 5 4 4 4 5 5 6 6 6 6 6 6 6 5 5 5 5 5 5 5
4 4 4 4 4 4 4 4 4 5 5 5 5 4 4 4 5 5 5 5 5 5 5 5 5 5 6 6 6 6 6 6 6 5 5 5 5 5 5 5 5 5 5
4 4 4 4 5 5 4 4 4 6 6 6 6 6 6 6 6 6 6 6 5 5 5 5 5 4 4 4 4 4 4 5 5 5 5
4 4 4 4 4 5 5 4 4 4 6 6 6 6 6 5 5 5 5 5 4 4 4 4 5 5 5
4 4 4 4 4 5 5 4 4 4 6 6 6 6 5 5 5 5 5 5 4 4 4 4 5 5 5
4 4 4 4 4 4 4 5 5 4 4 4 6 6 6 6 6 5 5 5 5 5 5 4 4 5 5 5
4 4 4 4 4 4 4 4 5 5 4 4 4 6 6 6 6 5 5 5 5 5 5 5 4 4 4 4 5
4 4 4 4 4 4 4 4 4 5 5 5 5 5 5 4 4 4 4 4 4 4 5 5 5 5 5 6 6 6 6 6 6 6 5 5 4 4 4
4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 5 5 5 5 5 6 6 6 6 6 6 6 5 5 4 4 4
4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 5 5 5 5 5 5 5 5 5 5 6 6 5 5 5 4 4
4 4 4 4 4 4 3 3 3 3 3 3 4 4 4 4 4 5 5 5 5 5 5 5 5 5 5 6 6 5 5 5
4 4 4 3 3 4 4 4 4 5 5 5 5 5 5 5 5 5 5 5 6 6 6 5 5 5
4 4 3 3 4 4 4 5 5 5 5 5 5 5 5 5
4 4 4 3 3 4 4 4 5 5 5 5 5 5 5 5 5
4 4 4 3 3 4 4 5 5 5 5 5 5 5 5 5 5 5 5 5
4 4 4 3 3 4 4 4 4 4 4 4 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5
4 4 4 3 3 3 3 3 3 4 4 4 4 4 4 5 5 5 5 5 5 5 5 5 5 5 5
4 4 4 4 4 4 4 4 4 3 3 3 3 3 4 4 4 5 5 5 5 5 5 5 5 5 5 5
4 4 4 4 4 4 4 4 3 3 3 4 4 5 5 5 5 5 5 5 5 5 5 5 5
4 4 4 3 3 3 5 5 5 5 5 5 5
4 4 4 3 3 5 5 5 5 5
4 4 4 4 4 5 5
4 5
3.83.4 4.8
5.3
4.94.1
4 5.64.3
4.6
5.3
3.7
6.2
5.6
3.5
5.74
3.62.6
6.4
7.2
5.4
4.2
2.6
5.25.7
4.6
4.35.9
3.2
8
6.7
5.8 7.4 5.3
5.8
4.6
4.64.7
4.2
4.7
7.5
3.6
4.2
6.4
6.5
64.9
4.2 4.6
4.5
5.2
7.7
6.5
6.7
5.9
8.1
4.4
5.2
6.1
7.7
6
7.6
9.5
6.9
6.1
6.5
5.1
6.1
5.6
5
9
7.7
8
7.7
5.4
5.3
5.6
6.2
7.4
7.9
8.2
6.312.9
11 8.2
5.4
5.2
6.4
10.77.6
8.2
Increased Less than 5%
Increased 5% to 7%
Increased More than 7%
0
200
400
600
800
1000
1200
1400
1600
1800
2000
19
80
19
82
19
84
19
86
19
88
19
90
19
92
19
94
19
96
19
98
20
00
20
02
20
04
20
06
20
08
20
10
20
12
20
14
Do
llar
s p
er
Acr
e
Year Taxes Paid (Pay Year)
Base Rate per Acre of Farmland for Property Taxation,Actual 1980-2012; and Estimated 2013-2014
Negotiated Rate, 1980-2002
Capitalization Formula, 2003
Annual Trending withCapitalization Formula, 2008-
Trending and Rate Freeze, 2006-07
New Formula Drops Highest Value, 2011-
8
Average Change in Tax Cap Credits as Percent of Levy, 2010-11(61 Counties)
2010 Rate, Dollars per $100 AV
Rate Pct. Change Less than $2.00 $2.00 or More All Rates
Less than -2% 0.1% 0.4% 0.2%
-2% to +2% 0.1% 0.7% -0.1%
More than 2% 0.6% 2.7% 1.4%
All Rate Changes 0.3% 1.4% 0.8%
Number of Counties with Changes in Rates, Net Assessed Values and Levies, 2010-2011(69 Counties)
Levy Percent Change Net A.V. Pct. Change
Pct. Change in Average Tax Rate,
2010-2011 Less Than 2% 2% or More
Less Than
2% 2% or More All
Less than -2% 18 0 7 11 18
-2% to +2% 14 10 16 8 24
More than 2% 10 17 27 0 27
All Tax Rate Changes 42 27 50 19 69
9
Tax Cap Credits by County, 2010 and 2011
County
2010 Tax Cap
Credits
2011 Tax Cap
CreditsChange
2010 Pct. Of
Levy
2011 Pct. Of
LevyChange
1 Adams 1,110,145 1,303,736 193,590 3.8% 4.4% 0.6%
2 Allen 24,631,711 34,994,690 10,362,978 7.0% 10.1% 3.2%
3 Bartholomew 3,438,788 3,279,377 -159,410 4.1% 3.9% -0.2%
4 Benton 273,469 284,685 11,216 2.5% 2.6% 0.1%
5 Blackford 1,555,292 14.4%
6 Boone 2,621,757 4,036,629 1,414,872 3.6% 5.9% 2.3%
7 Brown 139 8,667 8,528 0.0% 0.1% 0.1%
8 Carroll 891,964 748,757 -143,207 5.1% 4.7% -0.4%
9 Cass 5,915,537 3,597,347 -2,318,190 16.9% 10.7% -6.2%
10 Clark 3,349,106 5,127,478 1,778,372 3.3% 5.5% 2.3%
11 Clay 2,452 17,558 15,105 0.0% 0.1% 0.1%
12 Clinton 2,244,586 3,307,806 1,063,220 7.9% 10.9% 3.1%
13 Crawford 967,247 1,233,792 266,545 12.0% 15.0% 3.0%
14 Daviess 2,679,883 3,339,160 659,277 10.3% 12.8% 2.5%
15 Dearborn 636,873 475,095 -161,777 1.4% 1.1% -0.3%
16 Decatur 298,506 382,015 83,508 1.4% 1.9% 0.5%
17 DeKalb 609,930 876,295 266,365 1.6% 2.2% 0.6%
18 Delaware 25,474,251 22.6%
19 Dubois 921,577 1,335,616 414,039 2.3% 3.2% 0.9%
20 Elkhart 14,952,499 20,984,244 6,031,745 6.9% 10.3% 3.4%
21 Fayette 3,121,304 3,983,412 862,108 14.4% 18.1% 3.7%
22 Floyd 1,156,656 1,911,329 754,673 1.9% 3.2% 1.3%
23 Fountain 363,576 313,519 -50,057 2.8% 2.6% -0.2%
24 Franklin 3,054 18,185 15,131 0.0% 0.1% 0.1%
25 Fulton 64,563 85,459 20,897 0.4% 0.5% 0.1%
26 Gibson 1,573,746 1,010,350 -563,396 3.7% 2.9% -0.8%
27 Grant 1,381,212 2,274,092 892,880 2.3% 4.2% 1.9%
28 Greene 1,464,857 1,818,975 354,118 7.7% 9.4% 1.6%
29 Hamilton 14,895,060 22,118,937 7,223,877 3.9% 5.9% 1.9%
30 Hancock 5,062,615 5,269,505 206,890 7.7% 7.9% 0.2%
31 Harrison 99,320 32,328 -66,992 0.5% 0.2% -0.3%
32 Hendricks 10,636,378 19,479,806 8,843,428 5.7% 11.0% 5.3%
33 Henry 4,020,809 4,871,769 850,960 10.7% 13.1% 2.4%
34 Howard 4,447,869 7,897,508 3,449,638 4.7% 8.3% 3.7%
35 Huntington 3,842,559 11.8%
36 Jackson 260,567 630,276 369,709 0.8% 1.9% 1.1%
37 Jasper 11 3,544 3,534 0.0% 0.0% 0.0%
38 Jay 480,956 2.5%
39 Jefferson 798,824 1,257,911 459,087 3.0% 4.8% 1.7%
40 Jennings 644,114 741,615 97,502 3.3% 4.3% 1.0%
41 Johnson 10,295,916 11,945,653 1,649,738 7.6% 9.4% 1.8%
42 Knox 5,253,582 7,256,309 2,002,726 15.9% 20.6% 4.7%
43 Kosciusko 891,463 858,811 -32,652 1.3% 1.2% 0.0%
44 LaGrange 139,935 227,701 87,766 0.5% 1.0% 0.4%
45 Lake 101,084,193 13.4%
46 LaPorte
10
Tax Cap Credits by County, 2010 and 2011
County
2010 Tax Cap
Credits
2011 Tax Cap
CreditsChange
2010 Pct. Of
Levy
2011 Pct. Of
LevyChange
47 Lawrence 2,810,294 2,718,904 -91,390 7.8% 7.9% 0.1%
48 Madison 29,026,487 22.9%
49 Marion 79,244,942 134,624,752 55,379,810 7.9% 14.1% 6.2%
50 Marshall 769,587 830,452 60,865 1.9% 2.2% 0.3%
51 Martin 163,836 255,870 92,034 2.8% 4.3% 1.4%
52 Miami 2,089,488 1,851,774 -237,713 8.7% 8.3% -0.5%
53 Monroe 174,392 505,961 331,570 0.2% 0.5% 0.3%
54 Montgomery 2,713,556 6.7%
55 Morgan 29,117 46,689 17,573 0.1% 0.1% 0.0%
56 Newton 332,195 362,132 29,937 2.2% 2.3% 0.1%
57 Noble 507,372 1,509,753 1,002,381 1.3% 4.0% 2.7%
58 Ohio 136 1,051 915 0.0% 0.0% 0.0%
59 Orange 32,685 22,895 -9,789 0.3% 0.2% -0.1%
60 Owen 250,187 387,494 137,307 1.9% 2.9% 1.0%
61 Parke 66,061 35,251 -30,810 0.6% 0.3% -0.3%
62 Perry 1,200,399 1,133,920 -66,479 8.3% 8.9% 0.6%
63 Pike 357,720 476,667 118,947 2.7% 3.3% 0.7%
64 Porter 3,826,272 7,910,037 4,083,765 2.1% 4.5% 2.4%
65 Posey 646,573 524,394 -122,179 2.2% 1.8% -0.4%
66 Pulaski 5,888 12,310 6,422 0.1% 0.1% 0.1%
67 Putnam 329,299 298,490 -30,809 1.2% 1.1% -0.1%
68 Randolph 2,490,612 2,803,393 312,781 11.6% 13.4% 1.8%
69 Ripley 8,911 14,234 5,324 0.1% 0.1% 0.0%
70 Rush 1,551,770 9.6%
71 St. Joseph 35,578,971 45,269,912 9,690,941 10.7% 16.4% 5.8%
72 Scott 678,081 4.0%
73 Shelby 1,232,389 1,202,080 -30,309 2.8% 3.2% 0.4%
74 Spencer 72,262 84,543 12,282 0.3% 0.4% 0.1%
75 Starke 354,243 425,552 71,309 2.0% 2.5% 0.4%
76 Steuben 15,082 67,697 52,614 0.0% 0.2% 0.2%
77 Sullivan 689,893 714,184 24,291 3.8% 3.8% 0.0%
78 Switzerland 9,979 0.2%
79 Tippecanoe 4,332,109 2.8%
80 Tipton 401,099 808,195 407,096 2.7% 5.5% 2.8%
81 Union 353,189 5.3%
82 Vanderburgh 6,239,348 8,132,815 1,893,468 3.7% 5.0% 1.3%
83 Vermillion 593,225 3.9%
84 Vigo 15,064,227 13,922,610 -1,141,617 14.6% 13.9% -0.7%
85 Wabash 60,578 0.3%
86 Warren 17,904 20,140 2,236 0.2% 0.3% 0.0%
87 Warrick 909,526 619,081 -290,445 1.9% 1.4% -0.6%
88 Washington 857,402 1,126,976 269,574 4.8% 6.0% 1.2%
89 Wayne 5,486,825 5,580,886 94,061 8.5% 9.3% 0.8%
90 Wells 74,212 56,391 -17,821 0.4% 0.3% -0.1%
91 White 233,592 374,794 141,202 1.0% 1.5% 0.6%
92 Whitley 230,047 348,376 118,329 1.0% 1.5% 0.6%
11
Assessed Values, Levies, Rates and Tax Credits, Indiana Counties, 2010-2011
Per $100 AV Percent Changes, 2010 -2011 Dollar Changes, 2010-2011
County
Average Tax
Rate, 2011
Net Assessed
Value
Levy, All
Governments
Average Tax
RateLevy, All
Governments
Total Tax
CreditsNet Change
01 Adams 2.2179 1.1% 1.6% 0.5% 475,630 -193,590 282,040
02 Allen 2.5984 -2.8% 1.2% 4.1% 4,093,903 -10,362,978 -6,269,075
03 Bartholomew 2.0400 -0.2% 1.9% 2.1% 1,575,592 159,410 1,735,002
04 Benton 1.5312 18.3% -0.4% -15.9% -46,906 -11,216 -58,122
05 Blackford 2.7123 0.9% -0.8% -1.7% -89,151
06 Boone 0.4% 254,638 -1,414,872 -1,160,234
07 Brown 1.0540 1.4% 27.2% 25.4% 2,825,997 -8,528 2,817,469
08 Carroll 1.5444 0.7% -5.9% -6.5% -986,997 143,207 -843,790
09 Cass 2.7257 -1.5% -2.4% -0.9% -822,656 2,318,190 1,495,534
10 Clark 7.9% 6,679,492 -1,778,372 4,901,120
11 Clay 0.9001 3.6% 2.0% -1.5% 291,204 -15,105 276,099
12 Clinton 2.2227 1.1% 6.2% 5.0% 1,770,219 -1,063,220 706,999
13 Crawford 2.8663 0.5% 5.1% 4.6% 398,121 -266,545 131,576
14 Daviess 2.2743 1.0% 4.3% 3.3% 1,068,272 -659,277 408,995
15 Dearborn 1.7781 -0.7% -5.6% -4.9% -2,525,254 161,777 -2,363,477
16 Decatur 1.5224 4.3% 1.4% -2.8% 285,436 -83,508 201,928
17 DeKalb 1.7882 -0.8% 6.9% 7.8% 2,584,851 -266,365 2,318,486
18 Delaware 3.1033 -3.2% -0.2% 3.2% -171,792
19 Dubois 1.9623 0.6% 6.4% 5.8% 2,510,366 -414,039 2,096,327
20 Elkhart -0.7% -1,369,978 -6,031,745 -7,401,723
21 Fayette 3.3084 -1.7% 1.7% 3.4% 359,913 -862,108 -502,195
22 Floyd 1.8699 1.3% 7.8% 6.3% 4,266,986 -754,673 3,512,313
23 Fountain 1.6578 2.2% -2.6% -4.7% -318,864 50,057 -268,807
24 Franklin 1.3547 3.7% 3.6% -0.1% 462,313 -15,131 447,182
25 Fulton 1.6811 0.7% 4.2% 3.5% 662,487 -20,897 641,590
26 Gibson 1.6260 5.9% -3.0% -8.4% -1,080,251 563,396 -516,855
27 Grant 2.4127 -1.6% 0.2% 1.8% 99,668 -892,880 -793,212
28 Greene 2.2521 6.0% 5.2% -0.8% 958,276 -354,118 604,158
29 Hamilton 11.4% 38,579,599 -7,223,877 31,355,722
30 Hancock 2.2859 0.4% 4.5% 4.1% 2,868,565 -206,890 2,661,675
31 Harrison 1.1592 0.2% -13.9% -14.1% -3,070,396 66,992 -3,003,404
32 Hendricks 7.0% 11,509,295 -8,843,428 2,665,867
33 Henry 2.5656 -2.7% 1.1% 4.0% 417,457 -850,960 -433,503
34 Howard -0.4% -414,213 -3,449,638 -3,863,851
35 Huntington 2.4229 -2.3% 3.2% 5.6% 967,796
36 Jackson 1.8885 -1.9% 4.9% 6.9% 1,583,249 -369,709 1,213,540
37 Jasper 0.9457 1.2% -0.1% -1.2% -19,789 -3,534 -23,323
38 Jay 2.2947 0.8% 2.8% 2.0% 513,756
39 Jefferson 2.1596 0.3% 4.2% 3.9% 1,077,207 -459,087 618,120
40 Jennings 2.0004 2.8% -1.4% -4.0% -237,942 -97,502 -335,444
41 Johnson 2.1009 1.4% 0.2% -1.1% 304,565 -1,649,738 -1,345,173
42 Knox 2.3252 9.1% 10.4% 1.2% 3,287,863 -2,002,726 1,285,137
43 Kosciusko 1.2588 -1.5% 2.9% 4.5% 1,966,594 32,652 1,999,246
44 LaGrange 1.1796 -1.4% 1.4% 2.9% 330,152 -87,766 242,386
45 Lake
46 LaPorte
12
Assessed Values, Levies, Rates and Tax Credits, Indiana Counties, 2010-2011
Per $100 AV Percent Changes, 2010 -2011 Dollar Changes, 2010-2011
County
Average Tax
Rate, 2011
Net Assessed
Value
Levy, All
Governments
Average Tax
RateLevy, All
Governments
Total Tax
CreditsNet Change
47 Lawrence 2.6401 2.0% -1.3% -3.3% -465,851 91,390 -374,461
48 Madison 1.7% 2,007,621
49 Marion 4.5% 41,190,218 -55,379,810 -14,189,592
50 Marshall 1.0% 387,456 -60,865 326,591
51 Martin 4.0% 232,814 -92,034 140,780
52 Miami 2.2611 -2.8% -5.0% -2.3% -1,182,249 237,713 -944,536
53 Monroe 8.7% 8,447,127 -331,570 8,115,557
54 Montgomery 5.9% 2,317,389
55 Morgan 1.2996 0.9% -3.9% -4.7% -1,616,150 -17,573 -1,633,723
56 Newton 2.0156 2.1% 1.4% -0.7% 207,266 -29,937 177,329
57 Noble 1.8467 -2.2% 6.7% 9.1% 2,371,224 -1,002,381 1,368,843
58 Ohio 0.9735 2.0% 21.0% 18.7% 444,398 -915 443,483
59 Orange -1.0% -105,574 9,789 -95,785
60 Owen 2.6% 345,421 -137,307 208,114
61 Parke 1.4193 2.4% -4.2% -6.5% -446,606 30,810 -415,796
62 Perry 2.0562 2.4% -1.0% -3.3% -133,624 66,479 -67,145
63 Pike 6.2% 835,166 -118,947 716,219
64 Porter 1.8365 0.0% 2.0% 2.0% 3,422,804 -4,083,765 -660,961
65 Posey 1.6066 0.7% 0.3% -0.4% 85,017 122,179 207,196
66 Pulaski 1.4382 5.4% 0.5% -4.6% 52,269 -6,422 45,847
67 Putnam 1.5948 5.1% 3.3% -1.7% 852,935 30,809 883,744
68 Randolph 2.1741 1.8% -0.3% -2.0% -63,153 -312,781 -375,934
69 Ripley 1.4799 2.2% 3.6% 1.4% 636,517 -5,324 631,193
70 Rush -3.0% -473,135
71 St. Joseph 2.8572 -3.4% -0.3% 3.2% -797,975 -9,690,941 -10,488,916
72 Scott 2.0451 -1.4% 1.7% 3.1% 255,696
73 Shelby 1.6374 -2.1% -3.5% -1.4% -1,371,623 30,309 -1,341,314
74 Spencer 1.3856 6.1% 5.0% -1.1% 978,755 -12,282 966,473
75 Starke 1.7855 -1.8% -0.1% 1.7% -21,020 -71,309 -92,329
76 Steuben 1.0888 -2.3% 0.7% 3.0% 213,030 -52,614 160,416
77 Sullivan 3.0% 547,762 -24,291 523,471
78 Switzerland 1.1752 -0.9% 1.1% 2.0% 59,259
79 Tippecanoe 3.3% 4,452,275
80 Tipton 1.7311 5.8% 1.4% -4.1% 206,772 -407,096 -200,324
81 Union 2.2041 1.0% 1.4% 0.5% 96,246
82 Vanderburgh 4.1% 6,433,486 -1,893,468 4,540,018
83 Vermillion 0.5% 75,964
84 Vigo 2.5484 3.3% 0.4% -2.7% 430,951 1,141,617 1,572,568
85 Wabash 1.8446 1.5% -1.7% -3.2% -385,454
86 Warren 0.6% 42,041 -2,236 39,805
87 Warrick 1.5797 -2.8% 0.2% 3.1% 101,677 290,445 392,122
88 Washington 2.2258 2.0% 5.5% 3.4% 974,610 -269,574 705,036
89 Wayne 2.4264 -1.5% -1.6% -0.1% -997,976 -94,061 -1,092,037
90 Wells 1.5131 1.0% 2.4% 1.3% 433,724 17,821 451,545
91 White 1.4412 1.4% 3.0% 1.7% 718,907 -141,202 577,705
92 Whitley 1.5462 1.0% 4.8% 3.7% 1,033,568 -118,329 915,239
13
School Referenda, May 3, 2011
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14
Indiana School Referenda Results, 2008-2011
All Referenda Capital Projects General Fund Tax
Total Passed Defeated Total Passed Defeated Total Passed Defeated
All Elections 67 27 40 34 12 22 33 15 18
Percentages 40.3% 59.7% 35.3% 64.7% 45.5% 54.5%
Nov. 2008 5 4 1 5 4 1 none
Jan-June 2009 12 2 10 11 1 10 1 1 0Nov. 2009 9 4 5 4 1 3 5 3 2May 2010 16 8 8 7 3 4 9 5 4
Nov. 2010 18 6 12 5 2 3 13 4 9
May 2011 7 3 4 2 1 2 5 2 3
May vs. November
• November 2008: 5 referenda, 80% pass
• Jan. – June 2009: 12 referenda, 17% pass
• May, 2010 & 2011: 23 referenda, 48% pass
• Nov., 2009 & 2010: 27 referenda, 37% pass
15
Franklin vs. Perry
PERRY FRANKLIN
Franklin vs. Perry
Franklin PerryPct. Yes 36% 58%
Tax Rate Proposed $0.75 $0.44 Share of Business in AV 23% 35%Share of Rentals in AV 4% 8%Debt Svc./Pupil 1,895 1,177 Free Lunch Pct 20% 39%Pupils/Teacher 18.2 15.1
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