| Allen County Property Tax Summary | ||||||||||
| Pay 1977 to Pay 2004 | ||||||||||
| Pay | Avg. Gross | Prop. Tax | Avg. Net | |||||||
| Year | Assessed Value | Gross Levy | Rate | Rep. Credits | Net Levy | Rate | PTRC % | |||
| 1977 | 861,895,470 | 78,658,440 | 9.1262 | 15,762,212 | 62,896,228 | 7.2974 | 20.0 | |||
| 1978 | 900,958,465 | 81,706,022 | 9.0688 | 16,362,410 | 65,343,612 | 7.2527 | 20.0 | |||
| 1979 | 938,991,340 | 84,481,888 | 8.9971 | 16,898,494 | 67,583,394 | 7.1974 | 20.0 | |||
| 1980 | 1,286,970,862 | 88,738,668 | 6.8952 | 17,751,638 | 68,200,883 | 5.2993 | 20.0 | |||
| 1981 | 1,363,966,300 | 96,076,436 | 7.0439 | 19,232,334 | 76,844,102 | 5.6339 | 20.0 | |||
| 1982 | 1,399,281,515 | 102,446,950 | 7.3214 | 20,530,219 | 81,916,731 | 5.8542 | 20.0 | |||
| 1983 | 1,395,154,680 | 107,921,750 | 7.7355 | 21,623,034 | 86,298,716 | 6.1856 | 20.0 | |||
| 1984 | 1,391,351,370 | 113,860,526 | 8.1834 | 22,818,466 | 91,042,060 | 6.5434 | 20.0 | |||
| 1985 | 1,395,244,330 | 120,110,668 | 8.6086 | 23,408,946 | 96,701,722 | 6.9308 | 19.5 | |||
| 1986 | 1,460,681,550 | 125,221,414 | 8.5728 | 23,930,906 | 101,290,508 | 6.9345 | 19.1 | |||
| 1987 | 1,518,743,610 | 139,703,399 | 9.1986 | 24,119,190 | 115,584,209 | 7.6105 | 17.3 | |||
| 1988 | 1,577,119,730 | 142,302,922 | 9.0230 | 24,651,047 | 117,651,875 | 7.4599 | 17.3 | |||
| 1989 | 1,654,277,840 | 159,173,662 | 9.6219 | 26,274,068 | 132,899,594 | 8.0337 | 16.5 | |||
| 1990 | 2,213,716,771 | 171,424,916 | 7.7438 | 28,223,228 | 143,201,688 | 6.4688 | 16.5 | |||
| 1991 | 2,295,651,365 | 184,365,156 | 8.0311 | 29,953,392 | 154,411,764 | 6.7263 | 16.2 | |||
| 1992 | 2,382,897,634 | 200,867,358 | 8.4295 | 31,095,166 | 169,772,192 | 7.1246 | 15.5 | |||
| 1993 | 2,428,590,398 | 216,573,716 | 8.9177 | 33,680,584 | 182,893,132 | 7.5308 | 15.6 | |||
| 1994 | 2,502,468,368 | 237,498,456 | 9.4906 | 35,844,144 | 201,654,312 | 8.0582 | 15.1 | |||
| 1995 | 2,559,436,979 | 241,842,772 | 9.4491 | 35,620,903 | 206,221,869 | 8.0573 | 14.7 | |||
| 1996 | 2,835,784,332 | 264,498,230 | 9.3272 | 38,363,866 | 226,134,364 | 7.9743 | 14.5 | |||
| 1997 | 2,842,402,184 | 276,522,026 | 9.7285 | 39,775,293 | 236,746,733 | 8.3291 | 14.4 | |||
| 1998 | 2,914,033,734 | 284,392,227 | 9.7594 | 38,850,066 | 245,542,161 | 8.4262 | 13.7 | |||
| 1999 | 3,007,390,136 | 291,723,671 | 9.7002 | 42,660,882 | 249,062,789 | 8.2817 | 14.6 | |||
| 2000 | 3,067,624,274 | 296,176,263 | 9.6549 | 42,049,848 | 254,126,415 | 8.2841 | 14.2 | |||
| 2001 | 3,172,021,007 | 307,798,550 | 9.7035 | 43,635,966 | 264,162,584 | 8.3279 | 14.2 | |||
| 2002 | 9,984,972,264 | 331,594,352 | 3.3209 | 45,000,332 | 286,594,020 | 2.8703 | 13.6 | |||
| 2003 | 14,231,573,124 | 352,472,267 | 2.4767 | 84,100,365 | 268,371,902 | 1.8858 | 23.9 | |||
| 2004 | 14,211,493,429 | 392,001,970 | 2.7583 | 90,388,051 | 301,613,919 | 2.1223 | 23.1 | |||
| Notes: Includes property taxes of all local governments within the county. Assessed Value was divided by three from 1977 through 2001. | ||||||||||
| Gross Tax Rate is Gross Levy, divided by Assessed Value, times one hundred. Net Tax Rate is Net Levy, divided by Assessed Value, | ||||||||||
| times one hundred. Both are expressed as "dollars per $100 assessed value." PTRC% is Property Tax Replacement Credits as a percentage | ||||||||||
| of the Gross Levy. Net Levy calculation does not include state and local homestead credits. | ||||||||||
| Pay year is the year property taxes are paid, on assessed values from the year before. | ||||||||||
| Source: Prepared by Larry DeBoer, Purdue University, from Indiana Legislative Services Agency, | ||||||||||
| Handbook of Taxes, Revenues and Appropriations, annual. | ||||||||||