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SECTION V-FOR AREAS EXCEPT FORA RESIDENTIALLY DISTRESSED AREA WHERE THE STATEMENT OF BENEFITS WAS <br /> APPROVED BEFORE JULY 12_2013-DED JCTION SCHEDULE PER IC 6-1.1-12.1-17 <br /> YEAR OF DEDUCTION/ASSESSED VALUE/PERCENTAGE/DEDUCTION* YEAR OF DEDUCTION/ASSESSED VALUE/PERCENTAGE 1 DEDUCTION" <br /> (1)For deductions allowed over a one(1)year period: (8)For deductions allowed over a eight(8)year period: <br /> 1 20_pay 20_ $ 100°% *_% $ 1 20_pay 20_ $ 100% *—% $ <br /> (2)For deductions allowed over a two(2)year period: 2 20_pay 20_ $ 88°% -—% $ <br /> 3 20_pay 20_ $ 75% •_°% $ <br /> 1 20_pay 20_ $ 100% *, _% $ 4 20_pay 20_ $ 63% --% $ <br /> 2 20_pay 20_ $ 50% * % $ 5 20_pay 201 50% '_% $ <br /> (3)For deductions allowed over a three(3)year period: 6 20_pay 20_ $ 38% '—% $ <br /> 7 20_pay 20_ 5 25% •__°% $ <br /> 1 20_pay 20_ $ 100% '_°% $ 8 20_pay 20_ $ 13% *—% $ <br /> 2 20_pay 20_ $ 66% * °% <br /> 3 20_pay 20_ $ 33°% *_o% $ (9)For deductions allowed over a nine(9)year period: <br /> (4)For deductions allowed over a four(4)year period: <br /> 1 20_pay 20_ $ 100% *�% $ <br /> 2 20_pay 20_ $ 88°% *—% $ <br /> 1 20_pay 20_ $ 100% * °% $ 3 20_pay 20_ $ 77°% *_% $ <br /> 2 20_pay 20_ S 75°% *_____°% $ 4 20_pay 20_ $ 66% *®°% $ <br /> 3 20_pay 20� $ 50°% '-%,% $ � 5 20_pay 20_ $ 55% *—% $ <br /> 4 20,_pay 20_ $ 25% *_% $, 6 20_pay 20_ $ 44°% `_°% $ <br /> (5)For deductions allowed over a five(5)year period: 7 20_pay 20_ $ 33°% '_% $ <br /> 8 20_pay 20_ $ 22°% '—°% $ <br /> 1 20_pay 20_ $ 100°% `_% $ 9 20_pay 20_ $ 11% *—°% $ <br /> 2 20_pay 20_ $ 80% <br /> 3 20_pay 20_ $ 60°% •_o% $ (10)For deductions allowed over a ten(10)year per:'od <br /> 4 20_pay 20_ $ 40% '—% $ 1 20_pay 20_ $ 100% '—% $ <br /> 5 20_pay 20_ $ 20% *—% $ 2 20_pay 20_ $ 95°% '—% $ <br /> (6)For deductions allowed over a six(6)year period: 3 20_pay 20_ $ 80°% *_% $ <br /> 4 20 pay 20 $ 65°% `—°% $ <br /> 1 20_pay 20_ $ 100°% *—°% $ 5 20_pay 20_ S 50°% '-% $ <br /> 2 20_pay 20_ $ 85% • % $ 6 20_pay 20_ $ 40°% % $ <br /> — — <br /> 3 20_pay 20_ $ 66% '_% $ 7 20_pay 20_ $ 30°% '—% S <br /> 4 20_pay 20_ $ 50% '—% $ 8 20_ 20_ $ 20% '_°% S <br /> 5 20_pay 20_ $ 34°% *-% S 9 20_pay 20_ $ 10% '—% $ <br /> 6 20_pay 20_ $ 17% '—% $ 10 20_pay 20 $ 5°% "—% $ <br /> (7)For deductions allowed over a seven(7)year period NOTE: The deduction percentages shown in this section apply to a <br /> 1 20_pay 20_ $ 100°% ' % $ statement of benefits approved before July 1, 2013 that did not <br /> ° have an alternative deduction schedule adopted by the <br /> 2 20_pay 20_ $_ 71% '_% $ designating body.All other abatements shall use the percentages <br /> 3 20_pay 20_ $ 71°% * °% $ ( reflected in the abatement schedule adopted by the designating <br /> 4 20_pay 20_ $ 57°% '_°% $ body per IC 6-1.1-12.1-17. <br /> 5 20 pay 20_ $ "_% $ <br /> 6 20_pay 20_ $ 29°% •_% $ The amount of the deduction shall be adjusted annually to reflect changes <br /> 7 20_pay 20_ $ 140% % S to the assessed valuation resulting from a reassessment or an appeal of <br /> the assessment per IC 6-1 1-12.1-4(b). <br /> SECTION VI-FOR A RESIDENTIALLY DISTRESSED AREA WHERE THE STATEMENT OF BENEFITS WAS APPROVED BEFORE JULY 1,2013 <br /> DEDUCTION SCHEDULE PER IC 6-1.1-12.1-17 <br /> DEDUCTION IS THE LESSER OF. DEDUCTION IS ALLOWED FOR A FIVE(5) <br /> TYPE OF DWELLING [IC 6-1.1-12.1-4.1(l YEAR PERIOD THHAT INCLUDES <br /> ❑ One(1)family dwelling Assessed value(after rehabilitation or redevelopment) $ or$74.880 AV pay through pay <br /> ❑ Two(2)family dwelling Assessed value(attar rehabilitation or redevelopment) $ or$106,080 AV pay_through pay <br /> ❑ Three(3)unit multifamily dwelling Assessed value(after rehabilitation or redevelopment) $ or$156,000 AV _pay_through pay_ <br /> ❑ Four(4)unit multifamily dwelling Assessed value(after rehabilitation or redevelopment) $ or$199,680 AV _pay through pay <br /> Assessed value limits for taxes due and payable prior to January 1,2005 were$36,000,$51,000,$75,000,and$96,000 for one to four family dwellings,respectively, <br /> SECTION VII-APPROVAL OF COUNTYAUDITOR COMPLETE ONLYtFAPPROVED <br /> This application is approved in the amounts shown above. <br /> Signature of County Auditor Printed name of County Auditor Date signed(month,day,year) <br /> Page 2 of 2 <br />