| Marion 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 | 2,281,611,323 | 253,289,402 | 11.1013 | 50,672,663 | 202,616,739 | 8.8804 | 20.0 | |||
| 1978 | 2,372,424,901 | 258,440,139 | 10.8935 | 51,689,981 | 206,750,158 | 8.7147 | 20.0 | |||
| 1979 | 2,464,744,191 | 273,625,742 | 11.1016 | 54,726,169 | 218,899,573 | 8.8812 | 20.0 | |||
| 1980 | 3,496,065,239 | 295,482,256 | 8.4519 | 59,097,256 | 228,494,691 | 6.5358 | 20.0 | |||
| 1981 | 3,655,227,714 | 314,786,697 | 8.6120 | 62,958,350 | 251,828,347 | 6.8895 | 20.0 | |||
| 1982 | 3,728,193,231 | 333,828,563 | 8.9542 | 66,841,577 | 266,986,986 | 7.1613 | 20.0 | |||
| 1983 | 3,802,233,080 | 352,507,917 | 9.2711 | 70,578,716 | 281,929,201 | 7.4148 | 20.0 | |||
| 1984 | 3,856,836,303 | 379,140,831 | 9.8304 | 75,916,890 | 303,223,941 | 7.8620 | 20.0 | |||
| 1985 | 3,933,971,144 | 412,105,529 | 10.4756 | 77,742,464 | 334,363,065 | 8.4994 | 18.9 | |||
| 1986 | 4,130,226,450 | 437,639,741 | 10.5960 | 79,151,022 | 358,488,719 | 8.6796 | 18.1 | |||
| 1987 | 4,275,178,550 | 477,757,282 | 11.1751 | 81,965,319 | 395,791,963 | 9.2579 | 17.2 | |||
| 1988 | 4,416,251,850 | 501,600,949 | 11.3581 | 83,515,400 | 418,085,549 | 9.4670 | 16.6 | |||
| 1989 | 4,564,553,790 | 529,553,233 | 11.6014 | 85,326,227 | 444,227,006 | 9.7321 | 16.1 | |||
| 1990 | 6,470,912,770 | 572,633,548 | 8.8493 | 92,411,871 | 480,221,677 | 7.4212 | 16.1 | |||
| 1991 | 6,585,139,750 | 624,796,181 | 9.4880 | 95,035,305 | 529,760,876 | 8.0448 | 15.2 | |||
| 1992 | 6,857,209,980 | 705,302,879 | 10.2856 | 100,820,846 | 604,482,033 | 8.8153 | 14.3 | |||
| 1993 | 7,095,625,140 | 745,404,057 | 10.5051 | 103,807,242 | 641,596,815 | 9.0421 | 13.9 | |||
| 1994 | 7,209,338,210 | 772,586,443 | 10.7165 | 108,770,687 | 663,815,756 | 9.2077 | 14.1 | |||
| 1995 | 7,351,394,300 | 800,709,012 | 10.8919 | 116,500,952 | 684,208,060 | 9.3072 | 14.5 | |||
| 1996 | 8,007,857,930 | 831,727,761 | 10.3864 | 120,878,760 | 710,849,001 | 8.8769 | 14.5 | |||
| 1997 | 8,329,868,587 | 852,273,563 | 10.2315 | 123,314,223 | 728,959,340 | 8.7512 | 14.5 | |||
| 1998 | 8,731,580,078 | 896,712,387 | 10.2698 | 123,884,856 | 772,827,531 | 8.8509 | 13.8 | |||
| 1999 | 8,882,483,711 | 938,128,833 | 10.5616 | 135,300,327 | 802,828,506 | 9.0383 | 14.4 | |||
| 2000 | 9,082,244,677 | 969,859,070 | 10.6786 | 134,012,211 | 835,846,859 | 9.2031 | 13.8 | |||
| 2001 | 9,185,364,697 | 992,069,444 | 10.8005 | 138,398,434 | 853,671,010 | 9.2938 | 14.0 | |||
| 2002 | 28,314,219,387 | 1,055,208,598 | 3.7268 | 146,686,520 | 908,522,078 | 3.2087 | 13.9 | |||
| 2003 | 39,051,446,445 | 1,169,897,363 | 2.9958 | 263,433,315 | 906,464,048 | 2.3212 | 22.5 | |||
| 2004 | 39,498,980,565 | 1,188,591,918 | 3.0092 | 276,682,604 | 911,909,314 | 2.3087 | 23.3 | |||
| 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. | ||||||||||