Gibson 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	88,325,915	6,423,106	7.2721	1,288,914	5,134,192	5.8128	20.1
1978	106,204,805	7,082,480	6.6687	1,420,696	5,661,784	5.3310	20.1
1979	134,372,305	8,264,678	6.1506	1,655,700	6,608,978	4.9184	20.0
1980	158,621,895	8,912,563	5.6187	1,782,510	6,981,399	4.4013	20.0
1981	198,107,230	9,672,911	4.8827	1,937,328	7,735,583	3.9047	20.0
1982	185,709,800	10,756,422	5.7921	2,162,628	8,593,794	4.6275	20.1
1983	188,370,160	12,249,153	6.5027	2,463,966	9,785,187	5.1947	20.1
1984	237,920,565	13,220,533	5.5567	2,655,141	10,565,392	4.4407	20.1
1985	252,835,500	14,171,677	5.6051	2,764,234	11,407,443	4.5118	19.5
1986	257,507,270	15,392,115	5.9774	2,996,514	12,395,601	4.8137	19.5
1987	276,988,115	16,738,397	6.0430	3,012,243	13,726,154	4.9555	18.0
1988	267,662,410	18,098,485	6.7617	3,089,160	15,009,325	5.6076	17.1
1989	259,706,445	17,941,327	6.9083	3,132,425	14,808,902	5.7022	17.5
1990	296,710,765	19,012,807	6.4079	3,327,836	15,684,971	5.2863	17.5
1991	284,899,625	19,895,964	6.9835	3,479,068	16,416,896	5.7623	17.5
1992	283,874,165	21,473,102	7.5643	3,626,242	17,846,860	6.2869	16.9
1993	278,012,825	23,335,923	8.3938	3,555,741	19,780,182	7.1148	15.2
1994	278,369,055	23,969,612	8.6107	3,738,958	20,230,654	7.2676	15.6
1995	265,188,630	24,647,720	9.2944	3,884,227	20,763,493	7.8297	15.8
1996	296,517,006	25,384,492	8.5609	4,019,925	21,364,567	7.2052	15.8
1997	291,548,353	26,359,286	9.0411	4,023,763	22,335,523	7.6610	15.3
1998	298,074,200	28,188,595	9.4569	4,174,667	24,013,928	8.0564	14.8
1999	303,897,515	29,635,579	9.7518	4,567,456	25,068,123	8.2489	15.4
2000	322,118,515	30,910,195	9.5959	5,057,898	25,852,297	8.0257	16.4
2001	357,465,050	33,045,323	9.2444	5,073,388	27,971,935	7.8251	15.4
2002	1,055,146,685	33,887,067	3.2116	5,213,059	28,674,008	2.7175	15.4
2003	1,495,701,763	36,326,273	2.4287	9,797,881	26,528,392	1.7736	27.0
2004	1,498,798,794	37,498,472	2.5019	10,174,887	27,323,585	1.8230	27.1
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.