Morgan 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	91,965,700	7,540,510	8.1993	1,605,427	5,935,083	6.4536	21.3
1978	96,119,290	7,867,036	8.1847	1,652,556	6,214,480	6.4654	21.0
1979	100,307,330	7,756,209	7.7324	1,667,651	6,088,558	6.0699	21.5
1980	163,962,020	8,449,410	5.1533	1,781,083	6,343,495	3.8689	21.1
1981	171,674,600	9,027,629	5.2586	1,919,146	7,108,483	4.1407	21.3
1982	176,102,060	9,107,002	5.1714	1,973,515	7,133,487	4.0508	21.7
1983	179,451,290	9,292,334	5.1782	2,061,628	7,230,706	4.0293	22.2
1984	183,176,590	10,045,931	5.4843	2,204,096	7,841,835	4.2810	21.9
1985	186,401,960	10,838,080	5.8144	2,739,056	8,099,024	4.3449	25.3
1986	190,058,680	11,654,252	6.1319	2,763,873	8,890,379	4.6777	23.7
1987	195,350,680	11,906,707	6.0950	2,598,791	9,307,916	4.7647	21.8
1988	200,653,460	13,052,900	6.5052	2,937,800	10,115,100	5.0411	22.5
1989	206,187,020	15,294,337	7.4177	2,992,340	12,301,997	5.9664	19.6
1990	280,869,400	15,822,105	5.6333	3,111,559	12,710,546	4.5254	19.7
1991	280,869,400	18,923,095	6.7373	3,421,190	15,501,905	5.5193	18.1
1992	309,367,320	21,035,369	6.7995	3,631,507	17,403,862	5.6256	17.3
1993	320,559,500	22,415,163	6.9925	3,777,749	18,637,414	5.8140	16.9
1994	336,535,300	24,087,393	7.1575	3,526,917	20,560,476	6.1095	14.6
1995	353,332,400	27,184,128	7.6936	4,113,893	23,070,235	6.5293	15.1
1996	417,389,620	29,704,022	7.1166	4,356,128	25,347,894	6.0730	14.7
1997	435,968,750	30,897,280	7.0870	4,511,966	26,385,314	6.0521	14.6
1998	456,177,050	31,924,805	6.9983	4,735,794	27,189,011	5.9602	14.8
1999	477,453,680	35,532,222	7.4420	5,242,933	30,289,289	6.3439	14.8
2000	504,522,510	37,775,906	7.4875	5,808,858	31,967,048	6.3361	15.4
2001	527,647,860	40,374,599	7.6518	6,205,211	34,169,388	6.4758	15.4
2002	1,651,619,870	42,988,170	2.6028	6,714,915	36,273,255	2.1962	15.6
2003	2,876,643,691	45,647,017	1.5868	13,457,454	32,189,563	1.1190	29.5
2004	2,780,724,095	48,938,562	1.7599	14,281,119	34,657,443	1.2463	29.2
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.