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.