Hendricks 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	142,445,990	10,698,118	7.5103	2,291,678	8,406,440	5.9015	21.4
1978	149,394,390	11,816,017	7.9093	2,501,671	9,314,346	6.2347	21.2
1979	160,877,050	12,343,695	7.6728	2,630,635	9,713,060	6.0376	21.3
1980	237,451,216	13,721,781	5.7788	2,907,101	10,254,321	4.3185	21.2
1981	244,357,520	16,051,613	6.5689	3,267,719	12,783,894	5.2316	20.4
1982	254,245,730	16,447,539	6.4692	3,540,449	12,907,090	5.0766	21.5
1983	259,952,980	18,179,700	6.9935	3,987,076	14,192,624	5.4597	21.9
1984	265,060,180	19,081,387	7.1989	4,172,512	14,908,875	5.6247	21.9
1985	272,042,370	20,874,395	7.6732	4,439,339	16,435,056	6.0414	21.3
1986	278,146,400	21,844,186	7.8535	4,485,105	17,359,081	6.2410	20.5
1987	284,927,250	23,598,378	8.2822	4,611,350	18,987,028	6.6638	19.5
1988	287,597,030	24,482,173	8.5127	4,628,430	19,853,743	6.9033	18.9
1989	302,624,762	26,123,223	8.6322	4,567,931	21,555,292	7.1228	17.5
1990	476,462,213	28,801,367	6.0448	4,873,073	23,928,294	5.0221	16.9
1991	489,886,296	34,190,269	6.9792	5,226,208	28,964,061	5.9124	15.3
1992	507,418,060	35,488,766	6.9940	5,138,486	30,350,280	5.9813	14.5
1993	535,048,790	38,429,224	7.1824	5,452,254	32,976,970	6.1634	14.2
1994	571,343,720	41,826,193	7.3207	5,523,811	36,302,382	6.3539	13.2
1995	599,446,686	46,891,108	7.8224	6,049,605	40,841,503	6.8132	12.9
1996	716,587,370	54,888,074	7.6596	6,827,337	48,060,737	6.7069	12.4
1997	770,520,885	65,550,170	8.5073	7,763,527	57,786,643	7.4997	11.8
1998	836,069,805	71,043,855	8.4974	8,415,669	62,628,186	7.4908	11.8
1999	892,086,970	80,276,838	8.9988	9,421,533	70,855,305	7.9426	11.7
2000	1,006,920,960	92,361,101	9.1726	10,668,143	81,692,958	8.1131	11.6
2001	1,074,697,070	99,993,894	9.3044	11,597,177	88,396,717	8.2253	11.6
2002	3,417,552,630	109,681,824	3.2094	12,621,484	97,060,340	2.8401	11.5
2003	5,930,641,321	120,711,741	2.0354	25,612,676	95,099,065	1.6035	21.2
2004	6,040,415,580	137,450,103	2.2755	27,390,652	110,059,451	1.8221	19.9
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.