Floyd 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 117,661,620 10,296,021 8.7505 2,068,188 8,227,833 6.9928 20.1
1978 126,125,510 11,082,507 8.7869 2,226,817 8,855,690 7.0213 20.1
1979 131,010,790 11,848,117 9.0436 2,370,802 9,477,315 7.2340 20.0
1980 182,198,760 12,893,411 7.0766 2,578,739 9,716,087 5.3327 20.0
1981 216,280,970 15,119,924 6.9909 3,024,068 12,095,856 5.5927 20.0
1982 219,540,820 14,840,908 6.7600 2,974,647 11,866,261 5.4050 20.0
1983 224,809,190 18,417,891 8.1927 3,689,014 14,728,877 6.5517 20.0
1984 226,371,970 19,568,108 8.6442 3,918,148 15,649,960 6.9134 20.0
1985 230,071,610 22,126,841 9.6174 4,157,756 17,969,085 7.8102 18.8
1986 241,556,510 24,421,950 10.1102 4,491,903 19,930,047 8.2507 18.4
1987 246,407,850 24,822,117 10.0736 4,656,048 20,166,069 8.1840 18.8
1988 255,119,396 26,151,320 10.2506 4,745,817 21,405,503 8.3904 18.1
1989 262,745,910 27,597,627 10.5035 4,814,254 22,783,373 8.6713 17.4
1990 343,337,680 29,865,332 8.6985 5,189,804 24,675,528 7.1870 17.4
1991 360,528,525 31,918,539 8.8533 5,088,694 26,829,845 7.4418 15.9
1992 373,267,775 35,854,235 9.6055 5,444,274 30,409,961 8.1470 15.2
1993 388,953,290 36,939,876 9.4973 6,362,803 30,577,073 7.8614 17.2
1994 408,574,075 39,811,835 9.7441 6,612,121 33,199,714 8.1258 16.6
1995 429,824,220 41,907,999 9.7500 6,911,401 34,996,598 8.1421 16.5
1996 495,063,355 43,839,185 8.8553 7,237,654 36,601,531 7.3933 16.5
1997 499,444,685 46,695,901 9.3496 8,039,884 38,656,017 7.7398 17.2
1998 511,068,930 49,821,423 9.7485 7,715,206 42,106,217 8.2389 15.5
1999 535,414,915 52,613,761 9.8267 8,200,505 44,413,256 8.2951 15.6
2000 589,201,398 56,944,323 9.6647 9,793,244 47,151,079 8.0025 17.2
2001 579,324,430 59,294,398 10.2351 8,824,789 50,469,609 8.7118 14.9
2002 1,889,018,870 64,371,836 3.4077 8,915,186 55,456,650 2.9357 13.8
2003 2,761,109,832 71,127,355 2.5760 15,820,114 55,307,241 2.0031 22.2
2004 2,708,669,669 61,521,463 2.2713 18,136,993 43,384,470 1.6017 29.5
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.