| Lagrange 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 | 77,342,200 | 4,910,429 | 6.3490 | 984,621 | 3,925,808 | 5.0759 | 20.1 | |||
| 1978 | 81,415,350 | 5,291,604 | 6.4995 | 1,061,639 | 4,229,965 | 5.1955 | 20.1 | |||
| 1979 | 88,024,880 | 5,855,954 | 6.6526 | 1,174,464 | 4,681,490 | 5.3184 | 20.1 | |||
| 1980 | 131,574,027 | 6,657,302 | 5.0597 | 1,333,827 | 5,173,129 | 3.9317 | 20.0 | |||
| 1981 | 137,275,960 | 7,292,764 | 5.3125 | 1,458,737 | 5,834,027 | 4.2499 | 20.0 | |||
| 1982 | 142,217,360 | 7,594,205 | 5.3399 | 1,522,774 | 6,071,431 | 4.2691 | 20.1 | |||
| 1983 | 142,085,890 | 8,159,473 | 5.7426 | 1,635,755 | 6,523,718 | 4.5914 | 20.0 | |||
| 1984 | 144,689,820 | 8,571,896 | 5.9243 | 1,717,299 | 6,854,597 | 4.7374 | 20.0 | |||
| 1985 | 150,870,780 | 9,081,004 | 6.0191 | 1,769,637 | 7,311,367 | 4.8461 | 19.5 | |||
| 1986 | 161,994,810 | 9,663,259 | 5.9652 | 1,870,901 | 7,792,358 | 4.8103 | 19.4 | |||
| 1987 | 164,207,130 | 10,589,703 | 6.4490 | 1,955,498 | 8,634,205 | 5.2581 | 18.5 | |||
| 1988 | 159,350,620 | 10,252,645 | 6.4340 | 2,129,982 | 8,122,663 | 5.0974 | 20.8 | |||
| 1989 | 165,923,990 | 10,428,460 | 6.2851 | 2,193,342 | 8,235,118 | 4.9632 | 21.0 | |||
| 1990 | 206,137,045 | 11,929,184 | 5.7870 | 2,210,005 | 9,719,179 | 4.7149 | 18.5 | |||
| 1991 | 211,100,895 | 13,034,849 | 6.1747 | 2,272,021 | 10,762,828 | 5.0984 | 17.4 | |||
| 1992 | 220,254,005 | 14,139,785 | 6.4198 | 2,440,722 | 11,699,063 | 5.3116 | 17.3 | |||
| 1993 | 227,676,745 | 15,219,763 | 6.6848 | 2,537,857 | 12,681,906 | 5.5701 | 16.7 | |||
| 1994 | 234,292,222 | 15,750,461 | 6.7226 | 2,541,226 | 13,209,235 | 5.6379 | 16.1 | |||
| 1995 | 238,349,045 | 16,693,982 | 7.0040 | 2,740,615 | 13,953,367 | 5.8542 | 16.4 | |||
| 1996 | 264,256,513 | 17,280,507 | 6.5393 | 2,791,081 | 14,489,426 | 5.4831 | 16.2 | |||
| 1997 | 263,583,679 | 18,008,218 | 6.8321 | 2,694,438 | 15,313,780 | 5.8098 | 15.0 | |||
| 1998 | 280,942,182 | 19,799,934 | 7.0477 | 2,917,395 | 16,882,539 | 6.0093 | 14.7 | |||
| 1999 | 280,942,182 | 20,447,942 | 7.2783 | 3,393,448 | 17,054,494 | 6.0705 | 16.6 | |||
| 2000 | 303,419,030 | 21,945,206 | 7.2326 | 3,478,158 | 18,467,048 | 6.0863 | 15.8 | |||
| 2001 | 320,818,867 | 22,714,543 | 7.0802 | 3,518,011 | 19,196,532 | 5.9836 | 15.5 | |||
| 2002 | 991,461,256 | 23,885,947 | 2.4092 | 3,776,968 | 20,108,979 | 2.0282 | 15.8 | |||
| 2003 | 1,554,058,745 | 26,416,071 | 1.6998 | 7,835,038 | 18,581,033 | 1.1956 | 29.7 | |||
| 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. | ||||||||||