Fayette 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 71,198,050 5,847,927 8.2136 1,169,986 4,677,941 6.5703 20.0
1978 71,789,450 6,199,605 8.6358 1,240,256 4,959,349 6.9082 20.0
1979 75,251,340 6,560,080 8.7176 1,312,924 5,247,156 6.9728 20.0
1980 106,692,160 6,859,137 6.4289 1,371,981 5,297,607 4.9653 20.0
1981 115,058,770 7,592,556 6.5989 1,518,518 6,074,038 5.2791 20.0
1982 122,680,540 7,916,995 6.4533 1,585,911 6,331,084 5.1606 20.0
1983 122,492,400 8,322,530 6.7943 1,666,978 6,655,552 5.4334 20.0
1984 120,730,040 9,235,317 7.6496 1,849,487 7,385,830 6.1176 20.0
1985 121,944,210 9,898,533 8.1173 1,940,635 7,957,898 6.5259 19.6
1986 122,564,210 10,300,452 8.4041 2,032,916 8,267,536 6.7455 19.7
1987 121,726,840 10,889,019 8.9455 2,140,335 8,748,684 7.1871 19.7
1988 119,935,090 11,284,701 9.4090 2,171,735 9,112,966 7.5982 19.2
1989 120,411,350 11,114,573 9.2305 2,078,918 9,035,655 7.5040 18.7
1990 154,328,365 11,905,887 7.7146 2,175,153 9,730,734 6.3052 18.3
1991 157,202,045 13,331,789 8.4807 2,266,669 11,065,120 7.0388 17.0
1992 163,611,145 13,853,037 8.4670 2,391,890 11,461,147 7.0051 17.3
1993 171,983,520 15,235,263 8.8586 2,526,772 12,708,491 7.3894 16.6
1994 179,256,785 16,575,208 9.2466 2,671,819 13,903,389 7.7561 16.1
1995 183,095,500 18,293,997 9.9915 2,821,045 15,472,952 8.4508 15.4
1996 196,386,705 19,060,262 9.7055 3,007,357 16,052,905 8.1741 15.8
1997 196,385,060 18,843,276 9.5951 2,951,350 15,891,926 8.0922 15.7
1998 210,324,010 20,128,241 9.5701 3,098,827 17,029,414 8.0968 15.4
1999 203,473,205 20,312,225 9.9828 3,714,200 16,598,025 8.1574 18.3
2000 206,925,310 21,273,166 10.2806 3,602,911 17,670,255 8.5394 16.9
2001 204,408,275 21,524,106 10.5300 3,562,895 17,961,211 8.7869 16.6
2002 694,572,923 24,498,349 3.5271 4,009,752 20,488,597 2.9498 16.4
2003 860,126,993 27,007,300 3.1399 7,353,243 19,654,057 2.2850 27.2
2004 858,267,571 25,477,483 2.9685 7,010,863 18,466,620 2.1516 27.5
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.