How is the property tax rate calculated?
The estimated market value of your property, as determined by an appraisal process, supervised by the County Auditor, is multiplied by 35% to obtain the taxable value. The taxable value of the property is multiplied by the appropriate tax rate to establish the annual gross property tax. The gross tax is reduced by various rollbacks and reductions that vary based upon ownership, age and other factors to achieve a net tax. The net tax can be paid in a single, or in two installments.

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1. Who imposes local property taxes?
2. How is the property tax rate calculated?
3. What is the current property tax rate for residents and businesses of Brookville?
4. Why does my property tax bill reflect an assessment?
5. Who receives the proceeds from the local property tax?
6. When and where do I pay my property tax bill?
7. Does the City of Brookville have a local income tax?
8. What is the current Brookville income tax rate?
9. What income is subject to the City of Brookville income tax?
10. Am I required to file an income tax return?
11. What happens if I live in Brookville and work in another city?
12. I am starting a business in Brookville. How do I establish an account and obtain the appropriate tax withholding and income tax forms?
13. If I am a minor child or college student with earnings outside of the State, am I required to file a return and pay City income tax?
14. What if my questions are not addressed by the information provided about City income taxes?
15. How do I pay the income tax credit to the City of Brookville?