Henry 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	123,572,930	10,925,612	8.8414	2,193,584	8,732,028	7.0663	20.1
1978	128,046,730	11,852,050	9.2560	2,372,994	9,479,056	7.4028	20.0
1979	133,564,390	12,636,541	9.4610	2,530,936	10,105,605	7.5661	20.0
1980	192,431,680	13,684,831	7.1115	2,738,315	10,475,065	5.4435	20.0
1981	198,053,450	14,671,459	7.4078	2,934,325	11,737,134	5.9262	20.0
1982	200,787,030	15,378,030	7.6589	3,080,094	12,297,936	6.1249	20.0
1983	199,910,420	15,635,559	7.8213	3,141,862	12,493,697	6.2496	20.1
1984	199,413,850	16,278,776	8.1633	3,266,141	13,012,635	6.5254	20.1
1985	199,836,220	16,632,951	8.3233	3,138,663	13,494,288	6.7527	18.9
1986	202,640,950	17,453,080	8.6128	3,324,354	14,128,726	6.9723	19.0
1987	203,800,300	18,324,232	8.9913	3,352,097	14,972,135	7.3465	18.3
1988	206,798,060	19,352,575	9.3582	3,427,391	15,925,184	7.7008	17.7
1989	208,166,330	19,568,389	9.4004	3,448,784	16,119,605	7.7436	17.6
1990	241,139,640	21,144,994	8.7688	3,707,500	17,437,494	7.2313	17.5
1991	238,244,535	22,676,933	9.5183	3,730,067	18,946,866	7.9527	16.4
1992	244,461,485	24,440,067	9.9975	3,797,951	20,642,116	8.4439	15.5
1993	247,258,175	24,899,860	10.0704	3,839,722	21,060,138	8.5175	15.4
1994	250,131,960	25,745,496	10.2928	4,097,000	21,648,496	8.6548	15.9
1995	259,392,720	26,417,620	10.1844	4,197,751	22,219,869	8.5661	15.9
1996	293,883,370	27,176,763	9.2475	4,314,305	22,862,458	7.7794	15.9
1997	294,005,155	28,673,372	9.7527	4,458,842	24,214,530	8.2361	15.6
1998	312,283,430	29,490,277	9.4434	4,205,259	25,285,018	8.0968	14.3
1999	324,797,660	30,695,879	9.4508	4,482,214	26,213,665	8.0708	14.6
2000	325,625,345	32,350,778	9.9350	4,812,031	27,538,747	8.4572	14.9
2001	330,352,580	35,322,316	10.6923	5,226,402	30,095,914	9.1102	14.8
2002	1,016,988,120	36,749,866	3.6136	5,357,704	31,392,162	3.0868	14.6
2003	1,779,365,950	38,629,789	2.1710	9,876,500	28,753,289	1.6159	25.6
2004	1,724,934,200	44,866,287	2.6010	10,273,577	34,592,710	2.0055	22.9
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.