| 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. | ||||||||||