Madison 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	316,814,305	30,024,408	9.4770	6,007,502	24,016,906	7.5808	20.0
1978	326,594,029	31,808,830	9.7396	6,366,716	25,442,108	7.7901	20.0
1979	339,616,985	33,346,699	9.8189	6,679,526	26,667,173	7.8521	20.0
1980	511,397,459	35,325,451	6.9076	7,076,133	27,093,570	5.2979	20.0
1981	490,339,935	41,136,711	8.3894	8,227,377	32,909,334	6.7115	20.0
1982	497,738,840	40,376,554	8.1120	8,086,384	32,290,170	6.4874	20.0
1983	500,896,766	41,247,426	8.2347	8,260,292	32,987,134	6.5856	20.0
1984	497,929,724	46,557,799	9.3503	9,324,638	37,233,161	7.4776	20.0
1985	504,729,625	46,404,800	9.1940	9,104,190	37,300,610	7.3902	19.6
1986	512,432,322	51,749,773	10.0989	9,355,292	42,394,481	8.2732	18.1
1987	518,840,987	53,349,633	10.2825	9,529,499	43,820,134	8.4458	17.9
1988	522,510,896	56,385,079	10.7912	9,549,092	46,835,987	8.9636	16.9
1989	536,139,842	58,658,078	10.9408	9,891,025	48,767,053	9.0960	16.9
1990	656,166,304	63,658,433	9.7016	10,632,514	53,025,919	8.0812	16.7
1991	663,028,292	67,358,717	10.1593	11,068,284	56,290,433	8.4899	16.4
1992	681,990,816	73,710,438	10.8081	11,620,919	62,089,519	9.1042	15.8
1993	690,216,488	76,854,032	11.1348	11,764,951	65,089,081	9.4302	15.3
1994	691,581,163	80,971,982	11.7082	12,756,665	68,215,317	9.8637	15.8
1995	702,648,110	83,867,633	11.9359	12,697,519	71,170,114	10.1288	15.1
1996	807,112,805	84,382,192	10.4548	12,540,078	71,842,114	8.9011	14.9
1997	839,931,019	89,326,026	10.6349	13,339,508	75,986,518	9.0468	14.9
1998	853,146,288	93,636,465	10.9754	13,333,313	80,303,152	9.4126	14.2
1999	868,479,585	96,211,187	11.0781	15,024,248	81,186,939	9.3482	15.6
2000	862,975,609	96,750,258	11.2112	15,328,319	81,421,939	9.4350	15.8
2001	872,127,979	98,307,527	11.2721	15,289,317	83,018,210	9.5190	15.6
2002	2,603,696,931	105,620,758	4.0566	16,302,516	89,318,242	3.4304	15.4
2003	4,180,557,616	113,241,268	2.7088	27,335,898	85,905,370	2.0549	24.1
2004	4,091,346,767	119,118,339	2.9115	28,041,963	91,076,376	2.2261	23.5
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.