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