| Grant 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 | 207,556,070 | 18,838,796 | 9.0765 | 3,778,571 | 15,060,225 | 7.2560 | 20.1 | |||
| 1978 | 213,959,670 | 19,493,743 | 9.1109 | 3,908,824 | 15,584,919 | 7.2840 | 20.1 | |||
| 1979 | 219,400,450 | 20,515,826 | 9.3509 | 4,105,121 | 16,410,705 | 7.4798 | 20.0 | |||
| 1980 | 269,191,840 | 21,476,663 | 7.9782 | 4,295,522 | 16,598,577 | 6.1661 | 20.0 | |||
| 1981 | 279,333,540 | 23,596,506 | 8.4474 | 4,720,865 | 18,875,641 | 6.7574 | 20.0 | |||
| 1982 | 287,803,150 | 24,652,960 | 8.5659 | 4,936,607 | 19,716,353 | 6.8506 | 20.0 | |||
| 1983 | 291,420,410 | 24,981,515 | 8.5723 | 5,003,351 | 19,978,164 | 6.8554 | 20.0 | |||
| 1984 | 288,371,060 | 27,956,702 | 9.6947 | 5,597,859 | 22,358,843 | 7.7535 | 20.0 | |||
| 1985 | 300,931,040 | 27,591,734 | 9.1688 | 5,404,705 | 22,187,029 | 7.3728 | 19.6 | |||
| 1986 | 303,047,240 | 29,139,193 | 9.6154 | 5,648,190 | 23,491,003 | 7.7516 | 19.4 | |||
| 1987 | 298,728,670 | 31,052,518 | 10.3949 | 5,694,047 | 25,358,471 | 8.4888 | 18.3 | |||
| 1988 | 300,385,740 | 33,396,068 | 11.1177 | 5,751,208 | 27,644,860 | 9.2031 | 17.2 | |||
| 1989 | 299,156,891 | 33,260,647 | 11.1181 | 5,422,072 | 27,838,575 | 9.3057 | 16.3 | |||
| 1990 | 404,675,855 | 36,653,187 | 9.0574 | 5,912,591 | 30,740,596 | 7.5964 | 16.1 | |||
| 1991 | 417,326,855 | 39,824,702 | 9.5428 | 6,167,153 | 33,657,549 | 8.0650 | 15.5 | |||
| 1992 | 426,984,125 | 44,257,950 | 10.3652 | 6,432,015 | 37,825,935 | 8.8589 | 14.5 | |||
| 1993 | 434,160,485 | 45,152,968 | 10.4001 | 6,726,056 | 38,426,912 | 8.8509 | 14.9 | |||
| 1994 | 450,182,695 | 47,630,324 | 10.5802 | 7,255,476 | 40,374,848 | 8.9685 | 15.2 | |||
| 1995 | 448,692,795 | 51,293,064 | 11.4317 | 7,387,393 | 43,905,671 | 9.7852 | 14.4 | |||
| 1996 | 510,803,370 | 52,036,368 | 10.1872 | 7,752,461 | 44,283,907 | 8.6695 | 14.9 | |||
| 1997 | 526,889,203 | 53,207,982 | 10.0985 | 7,968,412 | 45,239,570 | 8.5862 | 15.0 | |||
| 1998 | 531,160,139 | 54,306,908 | 10.2242 | 7,911,349 | 46,395,559 | 8.7348 | 14.6 | |||
| 1999 | 544,756,440 | 56,955,067 | 10.4551 | 9,023,563 | 47,931,504 | 8.7987 | 15.8 | |||
| 2000 | 549,879,625 | 57,529,912 | 10.4623 | 8,903,237 | 48,626,675 | 8.8431 | 15.5 | |||
| 2001 | 554,295,365 | 56,279,827 | 10.1534 | 8,849,535 | 47,430,292 | 8.5569 | 15.7 | |||
| 2002 | 1,674,446,405 | 58,457,547 | 3.4912 | 9,042,433 | 49,415,114 | 2.9511 | 15.5 | |||
| 2003 | 2,425,616,224 | 64,293,774 | 2.6506 | 16,911,513 | 47,382,261 | 1.9534 | 26.3 | |||
| 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. | ||||||||||