Lake 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	1,354,638,130	200,489,859	14.8003	40,256,675	160,233,184	11.8285	20.1
1978	1,416,495,220	217,521,206	15.3563	43,891,988	173,629,218	12.2577	20.2
1979	1,439,485,870	224,862,284	15.6210	44,973,754	179,888,530	12.4967	20.0
1980	1,683,648,513	234,313,514	13.9170	46,862,713	182,448,501	10.8365	20.0
1981	1,750,994,445	246,322,951	14.0676	49,264,880	197,058,071	11.2541	20.0
1982	1,872,579,370	257,822,086	13.7683	51,610,210	206,211,876	11.0122	20.0
1983	1,893,641,680	263,681,122	13.9246	52,774,640	210,906,482	11.1376	20.0
1984	1,896,564,785	305,976,582	16.1332	61,233,199	244,743,383	12.9046	20.0
1985	1,889,484,750	332,096,478	17.5760	60,544,323	271,552,155	14.3718	18.2
1986	1,884,897,230	330,076,104	17.5116	60,170,308	269,905,796	14.3194	18.2
1987	1,890,714,835	353,771,544	18.7110	64,824,995	288,946,549	15.2824	18.3
1988	1,906,231,969	364,496,920	19.1213	66,370,415	298,126,505	15.6396	18.2
1989	1,938,133,164	387,100,303	19.9728	66,709,882	320,390,421	16.5309	17.2
1990	2,403,184,713	406,328,837	16.9079	70,855,927	335,472,910	13.9595	17.4
1991	2,454,685,611	452,315,018	18.4266	72,636,607	379,678,411	15.4675	16.1
1992	2,574,835,433	471,978,090	18.3304	74,183,076	397,795,014	15.4493	15.7
1993	2,717,173,248	498,269,441	18.3378	79,901,288	418,368,153	15.3972	16.0
1994	2,719,656,778	547,164,090	20.1189	83,620,066	463,544,024	17.0442	15.3
1995	2,700,649,919	560,817,258	20.7660	82,841,214	477,976,044	17.6986	14.8
1996	3,073,867,843	597,733,104	19.4456	87,975,993	509,757,111	16.5836	14.7
1997	3,072,221,309	626,202,141	20.3827	92,797,563	533,404,578	17.3622	14.8
1998	3,364,942,084	627,012,300	18.6337	86,355,988	540,656,312	16.0673	13.8
1999	3,504,540,927	685,105,054	19.5491	109,360,394	575,744,660	16.4285	16.0
2000	3,476,148,552	702,256,996	20.2022	105,181,338	597,075,658	17.1764	15.0
2001	3,293,631,922	706,286,950	21.4440	104,467,145	601,819,805	18.2722	14.8
2002	9,518,126,716	738,458,789	7.7584	107,359,845	631,098,944	6.6305	14.5
2003	17,974,766,521	792,986,706	4.4117	153,723,749	639,262,957	3.5564	19.4
2004	18,944,286,941	841,581,112	4.4424	159,047,585	682,533,527	3.6028	18.9
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.