Tax Calculator

  • Danville community members who have difficulty utilizing the calculator shown below may pose questions to DCSC Chief Financial Officer Matthew Parkinson by email at mparkinson@danville.k12.in.us. 

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Danville Community School Corporation

DANVILLE COMMUNITY SCHOOL CORPORATION


ILLUSTRATIVE IMPACT OF PROPOSED $53.0m SCHOOL CONSTRUCTION AND $0.2000 OPERATING REFERENDA 2, 3

Inputs

Select Tax District:

Enter 2019 Gross Assessed Value

1a: Primary Residence - Homestead: 1% Cap1:
1b: Other Residential, Rental, Agricultural, Long-Term Care: 2% Cap1:
1c: Non-Residential, Commercial, Industrial, Personal: 3% Cap1:
To find the Gross Assessed Value for a specific property Please visit
Hendricks County Tax Bill Search
Or,
Find it on your Annual Tax Statement from the County Treasurer, TABLE 1, Line 1a, 1b, and 1c.



2019 PROPERTY TAX BILL

Primary Residence - Homestead: 1% Cap Other Residential, Rental, Agricultural, Long-Term Care: 2% Cap Non-Residential, Commercial, Industrial, Personal: 3% Cap Total
Total 2019 Gross Assessed Value 1         
 
   2019 Total Property Taxes Due (Annual)         
   2019 Total Property Taxes Due (Monthly)         




2021 ILLUSTRATIVE IMPACT OF PROPOSED $53.0m SCHOOL
CONSTRUCTION AND $0.2000 OPERATING REFERENDA 2, 3

Primary Residence - Homestead: 1% Cap Other Residential, Rental, Agricultural, Long-Term Care: 2% Cap Non-Residential, Commercial, Industrial, Personal: 3% Cap Total
2021 Estimated Debt Service Tax Rate
for Construction Project 2:
        
Proposed Operating Referendum Tax Rate 3:         
 
   2021 Total Property Taxes Due (Annual)         
   2021 Total Property Taxes Due (Monthly)         
 
 
Illustrative Net Change in Annual Tax Bill 2019 to 2021         
Illustrative Net Change in Monthly Tax Bill 2019 to 2021         

Assumptions

  1. Real property assessments are adjusted annually due to changes in market conditions. The referenda liability will change in relation to annual changes in the property's gross assessed value.
  2. Based on estimated maximum tax rate of $0.6845 per $100 of A.V. for the proposed $53.0 million project. 2021 tax rate estimated to be $0.4316 based upon repayment structure.
  3. Based on estimated maximum tax rate of $0.2000 per $100 of A.V. for the proposed operating referendum to fund transportation, retaining teachers and support staff, managing class sizes, maintaining academic, agricultural, and fine arts programs, and enhanching student safety and security.


Additional Notes:

  1. Homestead properties are assumed to have homestead, supplemental homestead and mortgage deductions. Assumes no deductions for non-homestead properties. Calculations are based on pay 2019 certified district tax rate per the Hendricks County Budget Order.
  2. Assumes 2021 non-exempt debt drops by $0.3492 per $100 of assessed value. All other 2019 non-exempt tax rates are assumed to remain the same.
  3. Includes PTRC of 6.9268% for homestead properties and PTRC of 0.0000% for all other properties, per the Hendricks County Auditor's Office. Local property tax replacement credits are not applied to capital and operating referenda tax rates, per Indiana Code 6-3.6-5-6.
  4. 2019 Assumes 1%, 2% and 3% tax caps as applicable.
  5. 2021 Assumes 1%, 2% and 3% tax caps as applicable, adjusted for non-exempt tax rate drop of $0.3492 per $100 of A.V.
For illustrative purposes only. Actual results may vary. Assumes no change in tax rates of overlapping local government units and no change in local property tax credit rates.