| Lawrence 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 | 77,482,940 | 5,392,329 | 6.9594 | 1,151,278 | 4,241,051 | 5.4735 | 21.4 | |||
| 1978 | 82,810,830 | 5,836,677 | 7.0482 | 1,248,766 | 4,587,911 | 5.5402 | 21.4 | |||
| 1979 | 87,976,835 | 6,193,812 | 7.0403 | 1,323,859 | 4,869,953 | 5.5355 | 21.4 | |||
| 1980 | 139,168,321 | 6,854,107 | 4.9250 | 1,459,034 | 5,181,447 | 3.7232 | 21.3 | |||
| 1981 | 148,353,035 | 8,037,275 | 5.4177 | 1,680,031 | 6,357,244 | 4.2852 | 20.9 | |||
| 1982 | 154,592,830 | 9,189,601 | 5.9444 | 1,925,428 | 7,264,173 | 4.6989 | 21.0 | |||
| 1983 | 154,802,240 | 10,081,901 | 6.5128 | 2,158,764 | 7,923,137 | 5.1182 | 21.4 | |||
| 1984 | 148,684,985 | 10,499,549 | 7.0616 | 2,282,155 | 8,217,394 | 5.5267 | 21.7 | |||
| 1985 | 152,906,095 | 11,162,553 | 7.3003 | 2,621,819 | 8,540,734 | 5.5856 | 23.5 | |||
| 1986 | 156,108,520 | 11,834,542 | 7.5810 | 2,709,105 | 9,125,437 | 5.8456 | 22.9 | |||
| 1987 | 155,789,230 | 12,579,378 | 8.0746 | 2,863,980 | 9,715,398 | 6.2362 | 22.8 | |||
| 1988 | 157,821,115 | 14,463,996 | 9.1648 | 2,674,671 | 11,789,325 | 7.4701 | 18.5 | |||
| 1989 | 166,741,475 | 16,124,366 | 9.6703 | 3,018,904 | 13,105,462 | 7.8597 | 18.7 | |||
| 1990 | 189,052,387 | 17,428,872 | 9.2191 | 2,785,558 | 14,643,314 | 7.7456 | 16.0 | |||
| 1991 | 192,640,786 | 19,954,788 | 10.3585 | 3,079,979 | 16,874,809 | 8.7597 | 15.4 | |||
| 1992 | 194,777,781 | 19,904,086 | 10.2189 | 3,105,037 | 16,799,049 | 8.6247 | 15.6 | |||
| 1993 | 200,155,310 | 21,693,370 | 10.8383 | 3,424,009 | 18,269,361 | 9.1276 | 15.8 | |||
| 1994 | 199,434,240 | 22,733,728 | 11.3991 | 3,499,594 | 19,234,134 | 9.6443 | 15.4 | |||
| 1995 | 196,272,070 | 22,300,955 | 11.3623 | 3,437,871 | 18,863,084 | 9.6107 | 15.4 | |||
| 1996 | 232,695,920 | 23,016,153 | 9.8911 | 3,607,341 | 19,408,812 | 8.3408 | 15.7 | |||
| 1997 | 232,131,920 | 24,976,716 | 10.7597 | 3,898,267 | 21,078,449 | 9.0804 | 15.6 | |||
| 1998 | 247,400,060 | 26,032,339 | 10.5224 | 4,095,246 | 21,937,093 | 8.8671 | 15.7 | |||
| 1999 | 254,788,670 | 25,907,476 | 10.1682 | 3,937,918 | 21,969,558 | 8.6227 | 15.2 | |||
| 2000 | 260,438,880 | 29,802,706 | 11.4433 | 4,852,989 | 24,949,717 | 9.5799 | 16.3 | |||
| 2001 | 266,666,590 | 30,575,420 | 11.4658 | 4,939,522 | 25,635,898 | 9.6135 | 16.2 | |||
| 2002 | 830,109,240 | 31,650,834 | 3.8129 | 5,280,282 | 26,370,552 | 3.1768 | 16.7 | |||
| 2003 | 1,304,347,800 | 34,227,780 | 2.6241 | 8,537,064 | 25,690,716 | 1.9696 | 24.9 | |||
| 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. | ||||||||||