Marshall 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 117,912,515 7,840,568 6.6495 1,661,303 6,179,265 5.2406 21.2
1978 125,300,840 8,386,543 6.6931 1,765,978 6,620,565 5.2837 21.1
1979 134,903,580 8,823,552 6.5406 1,869,197 6,954,355 5.1551 21.2
1980 186,605,015 10,042,148 5.3815 2,102,484 7,668,623 4.1095 20.9
1981 195,775,970 11,229,038 5.7357 2,333,920 8,895,118 4.5435 20.8
1982 201,288,540 12,425,439 6.1729 2,622,864 9,802,575 4.8699 21.1
1983 203,473,460 12,936,530 6.3578 2,751,808 10,184,722 5.0054 21.3
1984 207,663,620 13,205,542 6.3591 2,787,551 10,417,991 5.0168 21.1
1985 210,099,100 14,777,741 7.0337 3,190,481 11,587,260 5.5151 21.6
1986 218,515,910 16,146,270 7.3891 3,381,060 12,765,210 5.8418 20.9
1987 222,361,400 16,980,182 7.6363 3,402,066 13,578,116 6.1063 20.0
1988 224,972,960 18,512,073 8.2286 3,585,806 14,926,267 6.6347 19.4
1989 231,827,030 19,393,285 8.3654 3,637,661 15,755,624 6.7963 18.8
1990 317,097,930 20,166,485 6.3597 3,791,533 16,374,952 5.1640 18.8
1991 325,816,035 23,277,066 7.1442 3,995,522 19,281,544 5.9179 17.2
1992 336,301,400 25,377,470 7.5460 4,303,152 21,074,318 6.2665 17.0
1993 341,314,360 27,246,988 7.9830 4,505,913 22,741,075 6.6628 16.5
1994 355,457,661 29,278,393 8.2368 4,726,460 24,551,933 6.9071 16.1
1995 362,071,105 31,291,431 8.6423 4,968,782 26,322,649 7.2700 15.9
1996 390,296,352 33,616,126 8.6130 5,276,659 28,339,467 7.2610 15.7
1997 405,964,457 35,337,231 8.7045 5,317,731 30,019,500 7.3946 15.0
1998 417,508,787 36,696,578 8.7894 5,422,138 31,274,440 7.4907 14.8
1999 431,013,929 37,135,320 8.6158 6,014,659 31,120,661 7.2203 16.2
2000 441,412,210 37,953,668 8.5982 6,196,047 31,757,621 7.1945 16.3
2001 448,541,511 40,026,825 8.9238 6,686,512 33,340,313 7.4330 16.7
2002 1,367,478,907 41,659,775 3.0465 6,966,120 34,693,655 2.5371 16.7
2003 2,225,110,896 45,275,741 2.0348 12,180,366 33,095,375 1.4874 26.9
2004 2,229,507,365 48,072,441 2.1562 12,967,256 35,105,185 1.5746 27.0
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.