| 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. | ||||||||||