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SECTION V-FOR AREAS EXCEPT FORA RESIDENTIALLY DISTRESSED AREA WHERE THE STATEMENT OF BENEFITS WAS <br /> APPROVED E JULY 1,2013-D ON SCHEDULE PER 1C 6.1.1-12.1-17 <br /> YEAR OF DEDUCTION/ASSESSED VALUE/PERCENTAGE/DEDUCTION* YEAR OF DEDUCTION/ASSESSED VALUE/PERCENTAGE/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 /> % <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 20_ $ 50% *_% $ <br /> (3)For deductions allowed over a three(3)year period: 6 20_pay 20_ $ 38% *_% $ <br /> 7 20_pay 20_ $ 25% *—% $ <br /> 1 20_pay 20_ $ 100% *_% $ 8 20_pay 20_ $ 13% *-% $ <br /> 2 20_pay 20_ $ 66% *—% $ <br /> 3 20_pay 20_ $ 33% *_% $ (9)For deductions allowed over a nine(9)year period: <br /> (4)For deductions allowed over a four(4)year period: 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_ $ 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% *_% $ (10)For deductions allowed over a ten(10)year period: <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_ $ 50% *—% $ <br /> 2 20_pay 20_ $ 85% *_% $ 6 20_pay 20_ $ 40% *_% $ <br /> 3 20_pay 20_ $ 66% *—% $ 7 20_pay 20_ $ 30% *—% $ <br /> 4 20_pay 20_ $ 50% *—% $ 8 20_pay 20_ $ 20% *_% $ <br /> 5 20_pay 20_ $ 34% *—% $ 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_ $ 85% *_°� $ 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_ $ 43% * % $ <br /> 6 20_pay 20_ $ 2g% * % $ The amount of the deduction shall be adjusted annually to reflect changes <br /> a 20_ $ 14/° to the assessed valuation resulting from a reassessment or an appeal of <br /> 7 20 <br /> pay ° % $ the assessment per IC 6-1.1-12.1-4(b). <br /> ECTION 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 /> TYPE OF DWELLING DEDUCTION IS THE LESSER OF: DEDUCTION IS ALLOWED FOR A FIVE(5) <br /> [IC 6-1.1-12.1-4.1(b)] YEAR PERIOD THAT 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(after 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 /> I <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 536,000,551.000.575.000.and 596.000 for one to four family dwellings.respectively. <br /> SECTION VII-APPROVAL OF COUNTY AUDITOR(COMPLETE ONLY IF APPROVED) <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 />