Fountain 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 46,527,380 3,681,898 7.9134 779,548 2,902,350 6.2379 21.2
1978 47,933,430 3,810,293 7.9491 809,240 3,001,053 6.2609 21.2
1979 50,162,270 4,330,206 8.6324 915,956 3,414,250 6.8064 21.2
1980 84,622,100 4,725,759 5.5845 995,912 3,628,506 4.2879 21.1
1981 87,048,330 5,072,751 5.8275 1,052,889 4,019,862 4.6180 20.8
1982 89,781,670 5,162,045 5.7496 1,069,350 4,092,695 4.5585 20.7
1983 90,068,100 4,979,082 5.5281 1,052,520 3,926,562 4.3595 21.1
1984 89,006,420 5,175,743 5.8150 1,091,809 4,083,934 4.5884 21.1
1985 89,646,770 5,487,930 6.1217 1,172,391 4,315,539 4.8139 21.4
1986 91,193,730 5,734,539 6.2883 1,200,800 4,533,739 4.9715 20.9
1987 92,137,050 6,116,230 6.6382 1,312,628 4,803,602 5.2135 21.5
1988 89,879,920 6,112,403 6.8006 1,307,394 4,805,009 5.3460 21.4
1989 90,766,300 6,078,345 6.6967 1,259,249 4,819,096 5.3093 20.7
1990 110,548,230 5,895,907 5.3333 1,227,956 4,667,951 4.2225 20.8
1991 110,529,040 6,744,148 6.1017 1,271,351 5,472,797 4.9515 18.9
1992 114,742,930 7,523,841 6.5571 1,394,785 6,129,056 5.3416 18.5
1993 115,584,100 7,988,821 6.9117 1,403,742 6,585,079 5.6972 17.6
1994 116,876,220 8,223,323 7.0359 1,361,025 6,862,298 5.8714 16.6
1995 118,852,480 8,715,039 7.3327 1,394,198 7,320,841 6.1596 16.0
1996 135,003,830 9,663,020 7.1576 1,514,757 8,148,263 6.0356 15.7
1997 137,217,180 9,813,556 7.1518 1,574,253 8,239,303 6.0046 16.0
1998 141,182,490 10,295,226 7.2921 1,655,853 8,639,373 6.1193 16.1
1999 147,775,520 10,736,262 7.2653 1,892,715 8,843,547 5.9844 17.6
2000 149,899,530 10,304,080 6.8740 1,772,031 8,532,049 5.6918 17.2
2001 151,130,490 11,264,114 7.4532 1,873,919 9,390,195 6.2133 16.6
2002 458,959,410 11,969,174 2.6079 2,063,081 9,906,093 2.1584 17.2
2003 711,120,686 12,870,269 1.8099 4,048,414 8,821,855 1.2406 31.5
2004 702,458,771 13,636,395 1.9412 4,271,938 9,364,457 1.3331 31.3
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.