| 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. | ||||||||||