| Elkhart 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 | 425,805,903 | 34,811,935 | 8.1755 | 7,271,160 | 27,540,775 | 6.4679 | 20.9 | |||
| 1978 | 455,230,450 | 36,523,529 | 8.0231 | 7,603,365 | 28,920,164 | 6.3529 | 20.8 | |||
| 1979 | 484,516,170 | 37,841,756 | 7.8102 | 7,980,882 | 29,860,874 | 6.1630 | 21.1 | |||
| 1980 | 700,290,520 | 41,399,490 | 5.9118 | 8,650,459 | 31,666,872 | 4.5220 | 20.9 | |||
| 1981 | 722,819,960 | 44,881,396 | 6.2092 | 9,357,712 | 35,523,684 | 4.9146 | 20.8 | |||
| 1982 | 730,126,870 | 48,488,156 | 6.6411 | 10,114,834 | 38,373,322 | 5.2557 | 20.9 | |||
| 1983 | 741,994,270 | 51,202,968 | 6.9007 | 10,789,379 | 40,413,589 | 5.4466 | 21.1 | |||
| 1984 | 766,305,940 | 54,124,881 | 7.0631 | 11,409,999 | 42,714,882 | 5.5741 | 21.1 | |||
| 1985 | 822,260,860 | 56,763,050 | 6.9033 | 12,673,053 | 44,089,997 | 5.3620 | 22.3 | |||
| 1986 | 874,623,220 | 63,545,712 | 7.2655 | 13,588,809 | 49,956,903 | 5.7118 | 21.4 | |||
| 1987 | 910,011,380 | 66,907,823 | 7.3524 | 13,188,599 | 53,719,224 | 5.9031 | 19.7 | |||
| 1988 | 948,109,460 | 75,203,146 | 7.9319 | 14,669,241 | 60,533,905 | 6.3847 | 19.5 | |||
| 1989 | 1,000,070,010 | 83,150,569 | 8.3145 | 15,266,748 | 67,883,821 | 6.7879 | 18.4 | |||
| 1990 | 1,366,510,350 | 89,861,699 | 6.5760 | 15,263,584 | 74,598,115 | 5.4590 | 17.0 | |||
| 1991 | 1,442,076,710 | 102,473,415 | 7.1060 | 16,722,450 | 85,750,965 | 5.9464 | 16.3 | |||
| 1992 | 1,434,867,730 | 112,376,101 | 7.8318 | 18,410,163 | 93,965,938 | 6.5488 | 16.4 | |||
| 1993 | 1,465,045,350 | 117,045,452 | 7.9892 | 18,791,119 | 98,254,333 | 6.7066 | 16.1 | |||
| 1994 | 1,523,381,800 | 124,252,940 | 8.1564 | 19,222,810 | 105,030,130 | 6.8945 | 15.5 | |||
| 1995 | 1,572,852,970 | 131,574,719 | 8.3654 | 20,898,627 | 110,676,092 | 7.0366 | 15.9 | |||
| 1996 | 1,759,620,720 | 142,372,415 | 8.0911 | 22,089,676 | 120,282,739 | 6.8357 | 15.5 | |||
| 1997 | 1,800,499,520 | 150,696,928 | 8.3697 | 23,086,860 | 127,610,068 | 7.0875 | 15.3 | |||
| 1998 | 1,873,841,270 | 161,894,359 | 8.6397 | 22,488,305 | 139,406,054 | 7.4396 | 13.9 | |||
| 1999 | 1,930,634,830 | 170,803,589 | 8.8470 | 27,683,647 | 143,119,942 | 7.4131 | 16.2 | |||
| 2000 | 1,972,562,370 | 176,551,195 | 8.9503 | 26,866,973 | 149,684,222 | 7.5883 | 15.2 | |||
| 2001 | 2,066,175,750 | 184,543,927 | 8.9317 | 27,879,092 | 156,664,835 | 7.5824 | 15.1 | |||
| 2002 | 6,284,613,980 | 193,251,192 | 3.0750 | 29,821,706 | 163,429,486 | 2.6005 | 15.4 | |||
| 2003 | 8,629,822,820 | 211,717,361 | 2.4533 | 52,311,329 | 159,406,032 | 1.8472 | 24.7 | |||
| 2004 | 8,350,945,050 | 225,289,868 | 2.6978 | 55,488,212 | 169,801,656 | 2.0333 | 24.6 | |||
| 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. | ||||||||||