| Howard 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 | 279,496,810 | 23,476,997 | 8.3997 | 4,698,173 | 18,778,824 | 6.7188 | 20.0 | |||
| 1978 | 293,522,260 | 24,307,931 | 8.2815 | 4,864,192 | 19,443,739 | 6.6243 | 20.0 | |||
| 1979 | 310,157,625 | 25,439,979 | 8.2023 | 5,088,087 | 20,351,892 | 6.5618 | 20.0 | |||
| 1980 | 391,630,271 | 27,026,088 | 6.9009 | 5,405,240 | 20,881,920 | 5.3320 | 20.0 | |||
| 1981 | 429,715,200 | 29,041,654 | 6.7583 | 5,808,330 | 23,233,324 | 5.4067 | 20.0 | |||
| 1982 | 455,598,310 | 31,678,760 | 6.9532 | 6,345,084 | 25,333,676 | 5.5605 | 20.0 | |||
| 1983 | 448,989,933 | 34,772,080 | 7.7445 | 6,963,551 | 27,808,529 | 6.1936 | 20.0 | |||
| 1984 | 440,201,790 | 37,180,236 | 8.4462 | 7,442,374 | 29,737,862 | 6.7555 | 20.0 | |||
| 1985 | 446,859,470 | 38,005,120 | 8.5049 | 7,388,946 | 30,616,174 | 6.8514 | 19.4 | |||
| 1986 | 465,635,410 | 40,482,808 | 8.6941 | 7,702,341 | 32,780,467 | 7.0399 | 19.0 | |||
| 1987 | 493,808,240 | 43,141,619 | 8.7365 | 8,079,198 | 35,062,421 | 7.1004 | 18.7 | |||
| 1988 | 486,606,820 | 45,534,846 | 9.3576 | 7,970,888 | 37,563,958 | 7.7196 | 17.5 | |||
| 1989 | 494,958,160 | 48,244,615 | 9.7472 | 8,392,582 | 39,852,033 | 8.0516 | 17.4 | |||
| 1990 | 643,857,620 | 49,874,968 | 7.7463 | 8,641,420 | 41,233,548 | 6.4041 | 17.3 | |||
| 1991 | 665,744,220 | 52,801,843 | 7.9313 | 9,013,023 | 43,788,820 | 6.5774 | 17.1 | |||
| 1992 | 723,184,650 | 58,353,357 | 8.0689 | 9,823,181 | 48,530,176 | 6.7106 | 16.8 | |||
| 1993 | 738,753,970 | 62,691,069 | 8.4861 | 10,441,611 | 52,249,458 | 7.0726 | 16.7 | |||
| 1994 | 783,557,235 | 69,151,851 | 8.8254 | 11,130,229 | 58,021,622 | 7.4049 | 16.1 | |||
| 1995 | 811,570,520 | 73,153,579 | 9.0138 | 11,900,925 | 61,252,654 | 7.5474 | 16.3 | |||
| 1996 | 915,460,202 | 79,425,136 | 8.6760 | 12,744,496 | 66,680,640 | 7.2838 | 16.0 | |||
| 1997 | 939,228,675 | 83,809,832 | 8.9233 | 13,121,974 | 70,687,858 | 7.5262 | 15.7 | |||
| 1998 | 1,021,665,923 | 88,304,870 | 8.6432 | 13,361,182 | 74,943,688 | 7.3354 | 15.1 | |||
| 1999 | 1,021,833,711 | 90,895,266 | 8.8953 | 14,191,410 | 76,703,856 | 7.5065 | 15.6 | |||
| 2000 | 1,044,433,064 | 92,542,433 | 8.8605 | 14,598,180 | 77,944,253 | 7.4628 | 15.8 | |||
| 2001 | 1,070,772,303 | 100,892,223 | 9.4224 | 15,589,375 | 85,302,848 | 7.9665 | 15.5 | |||
| 2002 | 3,287,330,805 | 102,837,551 | 3.1283 | 15,625,110 | 87,212,441 | 2.6530 | 15.2 | |||
| 2003 | 4,338,315,898 | 104,652,552 | 2.4123 | 28,575,264 | 76,077,288 | 1.7536 | 27.3 | |||
| 2004 | 4,247,302,060 | 101,916,826 | 2.3996 | 29,114,894 | 72,801,932 | 1.7141 | 28.6 | |||
| 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. | ||||||||||