Franklin 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 30,180,894 2,523,153 8.3601 504,845 2,018,308 6.6874 20.0
1978 31,594,910 2,640,635 8.3578 528,234 2,112,401 6.6859 20.0
1979 34,027,670 2,741,112 8.0555 548,280 2,192,832 6.4443 20.0
1980 57,447,500 2,872,138 4.9996 574,661 2,217,184 3.8595 20.0
1981 60,240,130 3,187,247 5.2909 637,479 2,549,768 4.2327 20.0
1982 63,074,890 3,472,110 5.5047 695,928 2,776,182 4.4014 20.0
1983 63,724,670 3,770,826 5.9174 755,700 3,015,126 4.7315 20.0
1984 64,754,420 3,754,267 5.7977 752,045 3,002,222 4.6363 20.0
1985 66,525,690 4,398,537 6.6118 795,667 3,602,870 5.4158 18.1
1986 67,635,700 4,588,270 6.7838 806,490 3,781,780 5.5914 17.6
1987 68,755,560 4,958,871 7.2123 875,266 4,083,605 5.9393 17.7
1988 70,177,570 5,132,538 7.3136 888,242 4,244,296 6.0479 17.3
1989 72,307,240 4,939,440 6.8312 1,013,456 3,925,984 5.4296 20.5
1990 106,326,340 5,470,295 5.1448 1,023,846 4,446,449 4.1819 18.7
1991 108,721,460 6,252,379 5.7508 1,082,242 5,170,137 4.7554 17.3
1992 110,609,850 6,875,905 6.2164 1,021,121 5,854,784 5.2932 14.9
1993 112,863,430 7,202,021 6.3812 1,126,257 6,075,764 5.3833 15.6
1994 118,398,570 7,824,723 6.6088 1,203,553 6,621,170 5.5923 15.4
1995 120,916,160 8,234,251 6.8099 1,279,680 6,954,571 5.7516 15.5
1996 139,237,390 9,138,315 6.5631 1,466,770 7,671,545 5.5097 16.1
1997 139,237,390 9,152,420 6.5732 1,388,867 7,763,553 5.5758 15.2
1998 146,015,665 10,058,148 6.8884 1,524,211 8,533,937 5.8445 15.2
1999 158,035,411 10,744,184 6.7986 1,727,362 9,016,822 5.7056 16.1
2000 167,782,986 11,687,513 6.9659 1,848,950 9,838,563 5.8639 15.8
2001 175,627,264 12,746,585 7.2577 2,023,573 10,723,012 6.1056 15.9
2002 513,893,958 12,596,552 2.4512 2,174,609 10,421,943 2.0280 17.3
2003 859,383,533 14,313,173 1.6655 4,526,298 9,786,875 1.1388 31.6
2004 N/A
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.