Boone 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	89,919,080	6,971,825	7.7534	1,398,714	5,573,111	6.1979	20.1
1978	95,839,660	7,890,838	8.2334	1,580,490	6,310,348	6.5843	20.0
1979	102,896,760	8,350,995	8.1159	1,670,451	6,680,544	6.4925	20.0
1980	165,838,190	9,168,802	5.5288	1,835,202	7,029,697	4.2389	20.0
1981	174,810,450	9,974,163	5.7057	2,001,874	7,972,289	4.5605	20.1
1982	180,656,270	11,494,694	6.3627	2,302,672	9,192,022	5.0881	20.0
1983	183,382,100	12,018,299	6.5537	2,407,370	9,610,929	5.2409	20.0
1984	184,526,490	12,064,926	6.5383	2,413,186	9,651,740	5.2305	20.0
1985	188,785,440	12,575,673	6.6614	2,489,979	10,085,694	5.3424	19.8
1986	192,939,010	13,428,512	6.9600	2,516,773	10,911,739	5.6555	18.7
1987	196,968,830	13,922,676	7.0685	2,536,214	11,386,462	5.7808	18.2
1988	198,060,720	14,404,667	7.2729	2,487,898	11,916,769	6.0167	17.3
1989	205,843,160	16,579,852	8.0546	2,645,525	13,934,327	6.7694	16.0
1990	286,258,335	18,395,860	6.4263	2,647,048	15,748,812	5.5016	14.4
1991	280,889,425	21,307,809	7.5858	3,038,546	18,269,263	6.5041	14.3
1992	302,268,515	21,779,101	7.2052	2,976,796	18,802,305	6.2204	13.7
1993	312,978,370	23,973,269	7.6597	2,907,639	21,065,630	6.7307	12.1
1994	322,900,867	26,467,107	8.1967	3,348,108	23,118,999	7.1598	12.7
1995	337,080,271	28,945,061	8.5870	3,507,412	25,437,649	7.5465	12.1
1996	395,868,793	30,809,109	7.7827	3,654,987	27,154,122	6.8594	11.9
1997	395,009,889	33,944,535	8.5933	3,904,257	30,040,278	7.6049	11.5
1998	412,013,471	35,445,206	8.6029	3,288,835	32,156,371	7.8047	9.3
1999	453,205,871	39,256,670	8.6620	3,986,927	35,269,743	7.7823	10.2
2000	464,040,023	40,856,192	8.8045	4,417,603	36,438,589	7.8525	10.8
2001	485,919,719	45,296,930	9.3219	4,727,031	40,569,899	8.3491	10.4
2002	1,566,859,926	48,428,304	3.0908	4,792,293	43,636,011	2.7849	9.9
2003	2,794,705,256	52,991,159	1.8961	11,051,319	41,939,840	1.5007	20.9
2004	2,900,216,145	60,576,891	2.0887	12,103,090	48,473,801	1.6714	20.0
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.