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.