Montgomery 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 119,969,930 8,522,248 7.1037 1,710,582 6,811,666 5.6778 20.1
1978 125,360,840 8,699,273 6.9394 1,745,420 6,953,853 5.5471 20.1
1979 130,947,100 9,150,369 6.9878 1,833,241 7,317,128 5.5879 20.0
1980 174,196,885 9,464,537 5.4332 1,896,834 7,357,091 4.2234 20.0
1981 185,260,730 10,033,451 5.4159 2,006,692 8,026,759 4.3327 20.0
1982 189,800,350 10,312,095 5.4331 2,067,821 8,244,274 4.3437 20.1
1983 193,190,270 10,860,672 5.6217 2,176,838 8,683,834 4.4950 20.0
1984 195,056,570 12,301,596 6.3067 2,464,503 9,837,093 5.0432 20.0
1985 204,775,660 13,119,508 6.4068 2,500,596 10,618,912 5.1856 19.1
1986 212,475,135 13,800,273 6.4950 2,425,655 11,374,618 5.3534 17.6
1987 216,728,540 16,071,885 7.4157 2,599,621 13,472,264 6.2162 16.2
1988 214,074,746 17,606,120 8.2243 2,673,425 14,932,695 6.9755 15.2
1989 218,202,947 18,529,724 8.4920 2,790,931 15,738,793 7.2129 15.1
1990 280,050,390 19,616,291 7.0046 2,887,776 16,728,515 5.9734 14.7
1991 287,343,035 22,476,031 7.8220 3,299,429 19,176,602 6.6738 14.7
1992 311,782,940 25,004,147 8.0197 3,208,634 21,795,513 6.9906 12.8
1993 312,643,400 27,963,999 8.9444 3,350,499 24,613,500 7.8727 12.0
1994 326,145,498 29,787,230 9.1331 3,810,848 25,976,382 7.9647 12.8
1995 334,669,138 30,901,574 9.2335 3,787,968 27,113,606 8.1016 12.3
1996 396,575,845 32,166,683 8.1111 3,896,583 28,270,100 7.1285 12.1
1997 400,289,143 33,691,986 8.4169 4,013,519 29,678,467 7.4143 11.9
1998 404,141,909 34,539,205 8.5463 4,038,189 30,501,016 7.5471 11.7
1999 436,082,360 36,469,903 8.3631 4,452,966 32,016,937 7.3419 12.2
2000 437,862,776 37,938,367 8.6644 4,381,356 33,557,011 7.6638 11.5
2001 446,837,640 41,449,594 9.2762 4,893,766 36,555,828 8.1810 11.8
2002 1,334,936,586 42,001,579 3.1463 4,986,005 37,015,574 2.7728 11.9
2003 1,880,668,332 48,299,742 2.5682 10,424,233 37,875,509 2.0139 21.6
2004 1,975,522,186 48,509,533 2.4555 10,645,769 37,863,764 1.9166 21.9
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.