Knox 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 85,701,160 7,653,788 8.9308 1,531,116 6,122,672 7.1442 20.0
1978 91,312,420 8,041,030 8.8061 1,608,570 6,432,460 7.0445 20.0
1979 98,182,550 8,312,529 8.4664 1,663,042 6,649,487 6.7726 20.0
1980 136,443,230 8,792,210 6.4439 1,758,602 6,794,020 4.9794 20.0
1981 145,603,810 9,480,766 6.5113 1,896,320 7,584,446 5.2090 20.0
1982 149,328,570 10,406,066 6.9686 2,085,732 8,320,334 5.5718 20.0
1983 151,731,290 11,687,349 7.7027 2,340,935 9,346,414 6.1598 20.0
1984 152,925,330 12,215,831 7.9881 2,435,191 9,780,640 6.3957 19.9
1985 156,208,230 12,971,169 8.3038 2,515,338 10,455,831 6.6935 19.4
1986 164,684,850 13,789,164 8.3731 2,600,355 11,188,809 6.7941 18.9
1987 160,205,536 14,738,018 9.1994 2,709,742 12,028,276 7.5080 18.4
1988 157,481,805 16,693,818 10.6005 2,695,568 13,998,250 8.8888 16.1
1989 159,831,870 17,772,325 11.1194 2,798,525 14,973,800 9.3685 15.7
1990 196,407,886 18,340,469 9.3379 2,931,317 15,409,152 7.8455 16.0
1991 192,650,510 19,093,199 9.9108 2,906,694 16,186,505 8.4020 15.2
1992 192,399,410 20,246,212 10.5230 3,154,804 17,091,408 8.8833 15.6
1993 199,223,260 21,062,123 10.5721 3,242,281 17,819,842 8.9447 15.4
1994 207,157,600 21,754,451 10.5014 3,406,540 18,347,911 8.8570 15.7
1995 211,784,360 23,082,172 10.8989 3,464,350 19,617,822 9.2631 15.0
1996 268,170,850 24,332,840 9.0736 3,596,260 20,736,580 7.7326 14.8
1997 260,788,660 25,853,004 9.9134 3,880,990 21,972,014 8.4252 15.0
1998 266,161,050 24,757,759 9.3018 4,166,000 20,591,759 7.7366 16.8
1999 272,480,870 28,046,849 10.2931 4,335,337 23,711,512 8.7021 15.5
2000 273,254,000 28,018,313 10.2536 4,320,501 23,697,812 8.6724 15.4
2001 279,365,170 29,573,968 10.5861 4,555,175 25,018,793 8.9556 15.4
2002 858,558,080 31,381,168 3.6551 4,796,056 26,585,112 3.0965 15.3
2003 1,379,993,987 33,452,300 2.4241 9,006,532 24,445,768 1.7714 26.9
2004 N/A
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.