Referendum Impact Calculator
Property taxes that are approved by voters in a referendum are not subject to the property tax caps. Therefore, any referendum may result in a property tax bill that exceeds the caps (1% of assessed value for homesteads (owner-occupied residence), 2% for other residential properties and farmland, and 3% for all other property).
The figures provided by this tool are estimates only and should not be taken as a statement of true tax liability.
1. Select your unit items
To Calculate an Estimated Referendum Impact: Under panel 1, select the unit of government imposing the referendum from the dropdown box at the top of the form. Enter an assessed value for the property. Move to panel 2 and enter deductions before pressing the 'Estimate Referendum Impact' button to calculate.
Select a county:
Select a referendum:
Assessed Value - Land and Improvements:
To look up your assessed value, click here: http://www.in.gov/dlgf/4931.htm
and find the value labeled "Assessed Value Total Land and Improvements". This value will be highlighted in yellow.
Select a property type from the list:
NOTICE: If the homestead deduction is selected, this referendum impact calculator assumes that 100% of the entered assessed value is eligible for the homestead deduction and credits. Indiana law states that only the value of the primary residence, plus a maximum of one (1) acre of land, is eligible for the homestead deduction and applicable credits. Be advised that if your property contains more than this amount of land, your actual tax bill will likely be higher than what is estimated here.
2. Select your deductions
To Calculate an Estimated Referendum Impact:
Under panel 2, select any deductions that may apply to the parcel by either clicking on the checkboxes, or entering an amount in the 'Other Deductions' text box. Finally, click on the 'Estimate Referendum Impact' button for details.
Suppl. Homestead Deduction
About This Tool:
The Department of Local Government Finance (DLGF), in partnership with the Indiana Business Research Center (IBRC) at Indiana University, has created the Referendum Impact Calculator for Indiana taxpayers. This tool will allow you to enter your property’s assessed value and deductions, and receive an estimate of additional property tax that would result if the referendum is approved.