Clay 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	47,563,444	3,250,648	6.8343	659,723	2,590,925	5.4473	20.3
1978	49,826,320	3,357,544	6.7385	615,078	2,742,466	5.5041	18.3
1979	57,127,395	3,123,772	5.4681	624,856	2,498,916	4.3743	20.0
1980	100,770,050	4,697,302	4.6614	939,547	3,643,563	3.6157	20.0
1981	103,050,440	5,126,413	4.9747	1,025,442	4,100,971	3.9796	20.0
1982	102,519,800	5,565,082	5.4283	1,115,282	4,449,800	4.3404	20.0
1983	101,821,674	4,716,319	4.6319	945,531	3,770,788	3.7033	20.0
1984	100,482,927	6,274,709	6.2446	1,257,164	5,017,545	4.9934	20.0
1985	103,478,672	7,306,955	7.0613	1,206,584	6,100,371	5.8953	16.5
1986	107,862,529	8,585,947	7.9601	1,390,702	7,195,245	6.6708	16.2
1987	106,207,790	6,822,031	6.4233	1,393,775	5,428,256	5.1110	20.4
1988	103,449,272	6,989,981	6.7569	1,435,695	5,554,286	5.3691	20.5
1989	105,047,548	8,970,185	8.5392	1,773,855	7,196,330	6.8505	19.8
1990	142,210,820	9,210,470	6.4766	1,839,587	7,370,883	5.1831	20.0
1991	141,841,348	9,668,457	6.8164	1,873,366	7,795,091	5.4956	19.4
1992	142,422,598	11,132,683	7.8167	2,052,874	9,079,809	6.3753	18.4
1993	143,718,984	10,807,683	7.5200	2,006,231	8,801,452	6.1241	18.6
1994	145,645,084	11,495,003	7.8925	2,097,692	9,397,311	6.4522	18.2
1995	149,234,326	12,123,042	8.1235	2,084,726	10,038,316	6.7265	17.2
1996	171,557,487	11,670,992	6.8030	2,240,640	9,430,352	5.4969	19.2
1997	175,508,441	12,610,221	7.1850	2,423,035	10,187,186	5.8044	19.2
1998	185,658,586	13,868,609	7.4700	2,600,367	11,268,242	6.0693	18.8
1999	188,201,287	14,371,849	7.6364	2,770,000	11,601,849	6.1646	19.3
2000	189,642,044	15,000,753	7.9100	2,832,935	12,167,818	6.4162	18.9
2001	188,537,992	15,405,373	8.1710	2,912,675	12,492,698	6.6261	18.9
2002	585,550,170	15,971,939	2.7277	2,978,174	12,993,765	2.2191	18.6
2003	922,928,435	16,257,363	1.7615	5,250,555	11,006,808	1.1926	32.3
2004	908,381,066	18,648,431	2.0529	5,627,114	13,021,317	1.4335	30.2
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.