Monroe 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 199,608,015 17,289,311 8.6616 3,472,660 13,816,651 6.9219 20.1
1978 203,053,980 17,446,131 8.5919 3,506,509 13,939,622 6.8650 20.1
1979 210,017,880 18,148,263 8.6413 3,630,315 14,517,948 6.9127 20.0
1980 289,005,050 18,972,630 6.5648 3,804,158 14,527,791 5.0268 20.1
1981 304,653,240 20,293,239 6.6611 4,059,439 16,233,800 5.3286 20.0
1982 321,734,512 21,728,767 6.7536 4,359,627 17,369,140 5.3986 20.1
1983 328,210,439 23,459,804 7.1478 4,699,629 18,760,175 5.7159 20.0
1984 349,093,453 25,195,520 7.2174 5,046,087 20,149,433 5.7719 20.0
1985 359,308,401 26,675,437 7.4241 5,239,162 21,436,275 5.9660 19.6
1986 375,442,124 31,765,358 8.4608 5,627,541 26,137,817 6.9619 17.7
1987 386,647,995 33,881,451 8.7629 5,916,527 27,964,924 7.2327 17.5
1988 396,294,631 35,739,182 9.0183 6,019,539 29,719,643 7.4994 16.8
1989 411,126,663 37,439,891 9.1067 6,223,785 31,216,106 7.5928 16.6
1990 528,164,552 40,618,738 7.6905 6,880,598 33,738,140 6.3878 16.9
1991 598,235,239 47,136,222 7.8792 7,392,965 39,743,257 6.6434 15.7
1992 637,824,097 52,058,886 8.1620 7,427,532 44,631,354 6.9974 14.3
1993 657,482,326 57,000,419 8.6695 7,884,852 49,115,567 7.4702 13.8
1994 669,362,493 62,346,984 9.3144 8,389,544 53,957,440 8.0610 13.5
1995 693,955,492 65,509,684 9.4400 9,084,461 56,425,223 8.1310 13.9
1996 782,776,694 70,449,590 9.0000 9,293,806 61,155,784 7.8127 13.2
1997 808,907,740 76,034,713 9.3997 9,757,145 66,277,568 8.1935 12.8
1998 850,434,763 80,154,093 9.4251 9,379,558 70,774,535 8.3222 11.7
1999 896,041,300 84,498,388 9.4302 11,482,126 73,016,262 8.1488 13.6
2000 913,542,592 89,086,976 9.7518 11,726,195 77,360,781 8.4682 13.2
2001 950,706,056 87,534,521 9.2073 11,879,826 75,654,695 7.9577 13.6
2002 2,957,413,767 91,400,911 3.0906 12,506,725 78,894,186 2.6677 13.7
2003 4,877,459,773 103,973,372 2.1317 25,869,459 78,103,913 1.6013 24.9
2004 4,819,193,574 111,061,390 2.3046 28,184,017 82,877,373 1.7197 25.4
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.