| Benton 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 | 52,332,810 | 3,138,233 | 5.9967 | 663,503 | 2,474,730 | 4.7288 | 21.1 | |||
| 1978 | 55,018,140 | 3,097,431 | 5.6298 | 647,065 | 2,450,366 | 4.4537 | 20.9 | |||
| 1979 | 57,610,195 | 3,155,536 | 5.4774 | 664,692 | 2,490,844 | 4.3236 | 21.1 | |||
| 1980 | 84,231,014 | 3,752,451 | 4.4550 | 783,378 | 2,907,690 | 3.4520 | 20.9 | |||
| 1981 | 86,317,675 | 4,206,779 | 4.8736 | 863,839 | 3,342,940 | 3.8728 | 20.5 | |||
| 1982 | 88,593,185 | 4,476,816 | 5.0532 | 927,149 | 3,549,667 | 4.0067 | 20.7 | |||
| 1983 | 89,369,160 | 4,589,677 | 5.1356 | 945,596 | 3,644,081 | 4.0776 | 20.6 | |||
| 1984 | 91,797,420 | 4,752,150 | 5.1768 | 984,190 | 3,767,960 | 4.1046 | 20.7 | |||
| 1985 | 86,941,190 | 5,008,082 | 5.7603 | 1,036,180 | 3,971,902 | 4.5685 | 20.7 | |||
| 1986 | 88,287,466 | 5,310,315 | 6.0148 | 1,088,012 | 4,222,303 | 4.7824 | 20.5 | |||
| 1987 | 90,625,410 | 5,619,780 | 6.2011 | 1,144,885 | 4,474,895 | 4.9378 | 20.4 | |||
| 1988 | 87,547,370 | 5,933,186 | 6.7771 | 1,217,873 | 4,715,313 | 5.3860 | 20.5 | |||
| 1989 | 87,722,440 | 6,230,904 | 7.1030 | 1,261,595 | 4,969,309 | 5.6648 | 20.2 | |||
| 1990 | 102,393,380 | 6,364,444 | 6.2157 | 1,226,293 | 5,138,151 | 5.0180 | 19.3 | |||
| 1991 | 102,834,685 | 6,871,064 | 6.6817 | 1,324,399 | 5,546,665 | 5.3938 | 19.3 | |||
| 1992 | 104,466,000 | 7,177,528 | 6.8707 | 1,382,190 | 5,795,338 | 5.5476 | 19.3 | |||
| 1993 | 103,763,345 | 7,718,624 | 7.4387 | 1,476,963 | 6,241,661 | 6.0153 | 19.1 | |||
| 1994 | 105,236,320 | 7,943,051 | 7.5478 | 1,469,041 | 6,474,010 | 6.1519 | 18.5 | |||
| 1995 | 105,292,980 | 8,164,452 | 7.7540 | 1,474,488 | 6,689,964 | 6.3537 | 18.1 | |||
| 1996 | 114,453,585 | 8,601,446 | 7.5152 | 1,514,062 | 7,087,384 | 6.1924 | 17.6 | |||
| 1997 | 117,191,375 | 9,561,186 | 8.1586 | 1,608,086 | 7,953,100 | 6.7864 | 16.8 | |||
| 1998 | 118,108,035 | 9,648,436 | 8.1692 | 1,539,648 | 8,108,788 | 6.8656 | 16.0 | |||
| 1999 | 119,462,380 | 9,863,518 | 8.2566 | 1,641,391 | 8,222,127 | 6.8826 | 16.6 | |||
| 2000 | 119,238,755 | 10,296,447 | 8.6352 | 1,723,190 | 8,573,257 | 7.1900 | 16.7 | |||
| 2001 | 119,072,510 | 10,374,110 | 8.7124 | 1,734,879 | 8,639,231 | 7.2554 | 16.7 | |||
| 2002 | 357,081,015 | 10,541,142 | 2.9520 | 1,782,079 | 8,759,063 | 2.4530 | 16.9 | |||
| 2003 | 585,451,760 | 11,139,853 | 1.9028 | 3,572,555 | 7,567,298 | 1.2926 | 32.1 | |||
| 2004 | 596,207,255 | 11,765,977 | 1.9735 | 3,808,887 | 7,957,090 | 1.3346 | 32.4 | |||
| 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. | ||||||||||