Jennings 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 35,311,520 2,901,087 8.2157 580,312 2,320,775 6.5723 20.0
1978 37,435,460 2,954,034 7.8910 590,957 2,363,077 6.3124 20.0
1979 39,785,330 3,124,912 7.8544 625,245 2,499,667 6.2829 20.0
1980 55,699,456 3,329,951 5.9784 665,990 2,606,153 4.6790 20.0
1981 58,484,430 4,164,822 7.1212 832,966 3,331,856 5.6970 20.0
1982 52,054,260 4,268,068 8.1993 855,885 3,412,183 6.5551 20.1
1983 53,936,955 4,670,924 8.6600 938,000 3,732,924 6.9209 20.1
1984 55,433,455 4,341,961 7.8327 882,313 3,459,648 6.2411 20.3
1985 74,987,770 4,897,395 6.5309 915,444 3,981,951 5.3101 18.7
1986 77,525,005 5,603,720 7.2283 863,780 4,739,940 6.1141 15.4
1987 77,090,211 4,482,296 5.8144 901,151 3,581,145 4.6454 20.1
1988 78,754,530 5,550,643 7.0480 1,137,908 4,412,735 5.6032 20.5
1989 80,646,710 5,596,778 6.9399 1,227,854 4,368,924 5.4174 21.9
1990 114,323,610 6,150,932 5.3803 1,207,774 4,943,158 4.3238 19.6
1991 115,026,650 6,469,342 5.6242 1,282,273 5,187,069 4.5094 19.8
1992 117,537,977 7,404,977 6.3001 1,516,429 5,888,548 5.0099 20.5
1993 119,384,562 7,768,904 6.5075 1,410,126 6,358,778 5.3263 18.2
1994 157,749,130 10,860,739 6.8848 1,571,786 9,288,953 5.8884 14.5
1995 128,410,421 8,914,295 6.9420 1,553,219 7,361,076 5.7325 17.4
1996 159,815,607 9,593,477 6.0028 1,719,469 7,874,008 4.9269 17.9
1997 171,899,641 10,378,246 6.0374 1,768,810 8,609,436 5.0084 17.0
1998 169,704,077 11,469,732 6.7587 1,859,301 9,610,431 5.6631 16.2
1999 178,465,987 12,348,768 6.9194 2,136,139 10,212,629 5.7225 17.3
2000 187,481,690 14,101,177 7.5214 2,151,192 11,949,985 6.3739 15.3
2001 195,181,154 16,030,082 8.2129 2,295,292 13,734,790 7.0369 14.3
2002 615,756,837 16,566,529 2.6904 2,423,911 14,142,618 2.2968 14.6
2003 925,762,508 18,450,529 1.9930 4,850,180 13,600,349 1.4691 26.3
2004 883,758,810 19,763,128 2.2363 5,111,179 14,651,949 1.6579 25.9
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.