DELAWARE COUNTY, INDIANA

OVERVIEW AND INSIGHTS

Certified Tax Rates and Net Assessed Values

The graph below shows the certified property tax rates and net assessed values for Delaware County from 2022 through 2026. Since 2022, tax rates have decreased by 14% from $0.7450 to $0.6376. Net assessed values during the same time period have increased by 39% from $3,788 million to $5,281 million.

Chart: Certified Tax Rates and Net Assessed Values (2022 - 2026)
Chart data

Certified Tax Rates and Net Assessed Values (2022 - 2026)

Billions Y-Axis: $0, $1,000, $2,000, $3,000, $4,000, $5,000, $6,000

Tax Rate Y-Axis: $0.0000, $0.1000, $0.2000, $0.3000, $0.4000, $0.5000, $0.6000, $0.7000, $0.8000

2022: Net Assessed Value $3,788, Certified Tax Rate $0.7450

2023: Net Assessed Value $4,296, Certified Tax Rate $0.6891

2024: Net Assessed Value $4,448, Certified Tax Rate $0.6918

2025: Net Assessed Value $4,646, Certified Tax Rate $0.6970

2026: Net Assessed Value $5,281, Certified Tax Rate $0.6376

Legend: Net Assessed Value, Certified Tax Rate

The graph below shows the certified Local Income Tax for Delaware County from 2022 through 2026. Since 2022, total local income tax has increased approximately 37.3% from $17.152M to $23.547M. When removing the supplemental LIT distribution, local income tax revenues have increased approximately by $5.671M over that period of time.

Chart: Local Income Tax and Supplemental LIT (2022 - 2026)
Chart data

Local Income Tax and Supplemental LIT (2022 - 2026)

X-Axis: $0, $5,000,000, $10,000,000, $15,000,000, $20,000,000, $25,000,000

2026: LIT Certified Shares $6,430,162, LIT Public Safety $2,802,871, LIT Economic Development $5,642,993, Property Tax Relief $7,513,550, Supplemental LIT $1,157,425

2025: LIT Certified Shares $5,747,496, LIT Public Safety $2,477,633, LIT Economic Development $5,039,717, Property Tax Relief $6,684,744, Supplemental LIT $2,673,880

2024: LIT Certified Shares $5,464,946, LIT Public Safety $2,331,384, LIT Economic Development $4,776,984, Property Tax Relief $6,298,412, Supplemental LIT $1,459,343

2023: LIT Certified Shares $5,210,119, LIT Public Safety $2,197,175, LIT Economic Development $4,542,840, Property Tax Relief $5,935,749, Supplemental LIT $780,422

2022: LIT Certified Shares $4,897,629, LIT Public Safety $2,038,772, LIT Economic Development $4,256,412, Property Tax Relief $5,525,661, Supplemental LIT $433,880

Legend: LIT Certified Shares, LIT Public Safety, LIT Economic Development, Property Tax Relief, Supplemental LIT

(Internal Use Only)

(No assurance is provided on this financial analysis.)

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