Jay 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	61,004,730	4,395,492	7.2052	960,200	3,435,292	5.6312	21.8
1978	62,769,315	4,652,632	7.4123	974,287	3,678,345	5.8601	20.9
1979	66,820,934	4,748,234	7.1059	1,002,070	3,746,164	5.6063	21.1
1980	101,557,506	5,766,238	5.6778	1,195,788	4,557,890	4.4880	20.7
1981	104,649,609	6,502,731	6.2138	1,334,592	5,168,139	4.9385	20.5
1982	107,427,964	6,899,536	6.4225	1,430,784	5,468,752	5.0906	20.7
1983	106,054,730	6,664,384	6.2839	1,401,397	5,262,987	4.9625	21.0
1984	105,388,595	6,738,967	6.3944	1,409,577	5,329,390	5.0569	20.9
1985	106,586,032	7,280,404	6.8305	1,671,547	5,608,857	5.2623	23.0
1986	111,271,985	7,925,312	7.1225	1,798,840	6,126,472	5.5059	22.7
1987	110,680,774	8,088,434	7.3079	1,796,006	6,292,428	5.6852	22.2
1988	109,534,347	8,664,089	7.9099	1,862,855	6,801,234	6.2092	21.5
1989	111,760,569	9,260,200	8.2857	1,873,694	7,386,506	6.6092	20.2
1990	126,564,715	9,845,279	7.7788	1,931,300	7,913,979	6.2529	19.6
1991	136,160,133	10,416,941	7.6505	2,106,245	8,310,696	6.1036	20.2
1992	138,098,960	10,437,287	7.5578	2,153,365	8,283,922	5.9985	20.6
1993	146,913,415	11,160,854	7.5969	2,294,856	8,865,998	6.0348	20.6
1994	144,182,880	11,563,827	8.0202	2,314,985	9,248,842	6.4147	20.0
1995	145,906,020	12,418,697	8.5114	2,443,592	9,975,105	6.8367	19.7
1996	159,082,035	12,502,835	7.8594	2,397,371	10,105,464	6.3524	19.2
1997	163,073,615	13,170,615	8.0765	2,517,973	10,652,642	6.5324	19.1
1998	168,793,090	14,491,087	8.5851	2,627,711	11,863,376	7.0284	18.1
1999	173,404,095	15,123,972	8.7218	2,938,604	12,185,368	7.0272	19.4
2000	178,215,685	15,034,636	8.4362	2,739,200	12,295,436	6.8992	18.2
2001	185,402,990	16,572,630	8.9387	2,943,849	13,628,781	7.3509	17.8
2002	575,587,010	18,098,326	3.1443	3,025,628	15,072,698	2.6187	16.7
2003	787,469,100	19,862,610	2.5223	5,483,363	14,379,247	1.8260	27.6
2004	785,046,275	20,195,982	2.5726	5,819,814	14,376,168	1.8313	28.8
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.