Newton 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	47,563,190	3,392,993	7.1337	714,222	2,678,771	5.6320	21.0
1978	50,475,800	3,700,001	7.3302	764,701	2,935,300	5.8153	20.7
1979	55,161,410	3,886,158	7.0451	805,092	3,081,066	5.5855	20.7
1980	82,959,545	4,659,788	5.6169	961,965	3,618,898	4.3622	20.6
1981	85,767,660	4,829,450	5.6309	996,741	3,832,709	4.4687	20.6
1982	88,763,550	5,038,417	5.6762	1,062,730	3,975,687	4.4790	21.1
1983	90,222,100	5,021,784	5.5660	1,094,099	3,927,685	4.3534	21.8
1984	92,084,530	5,856,070	6.3595	1,225,251	4,630,819	5.0289	20.9
1985	88,867,260	6,057,670	6.8165	1,275,068	4,782,602	5.3817	21.0
1986	92,029,320	6,405,693	6.9605	1,240,948	5,164,745	5.6121	19.4
1987	95,153,510	6,605,948	6.9424	1,309,386	5,296,562	5.5663	19.8
1988	93,642,060	6,939,115	7.4103	1,370,163	5,568,952	5.9471	19.7
1989	94,131,940	7,293,635	7.7483	1,446,531	5,847,104	6.2116	19.8
1990	113,354,720	7,143,772	6.3021	1,430,516	5,713,256	5.0402	20.0
1991	110,286,616	8,132,383	7.3739	1,578,408	6,553,975	5.9427	19.4
1992	115,750,743	8,506,656	7.3491	1,554,968	6,951,688	6.0057	18.3
1993	116,645,905	8,905,741	7.6349	1,601,623	7,304,118	6.2618	18.0
1994	117,617,433	9,878,118	8.3985	1,692,627	8,185,491	6.9594	17.1
1995	116,389,839	10,617,368	9.1222	1,790,604	8,826,764	7.5838	16.9
1996	133,037,460	11,280,876	8.4795	1,801,206	9,479,670	7.1256	16.0
1997	137,546,480	12,548,967	9.1234	1,909,493	10,639,474	7.7352	15.2
1998	142,305,429	13,758,659	9.6684	1,982,685	11,775,974	8.2751	14.4
1999	145,342,219	14,189,846	9.7631	2,162,245	12,027,601	8.2754	15.2
2000	146,813,050	14,480,490	9.8632	2,204,233	12,276,257	8.3618	15.2
2001	150,140,257	14,751,472	9.8251	2,238,499	12,512,973	8.3342	15.2
2002	470,702,556	14,511,943	3.0830	2,338,262	12,173,681	2.5863	16.1
2003	718,984,637	16,155,842	2.2470	4,480,316	11,675,526	1.6239	27.7
2004	732,347,363	16,798,490	2.2938	4,602,745	12,195,745	1.6653	27.4
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.