Noble 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 84,612,570 5,940,317 7.0206 1,264,432 4,675,885 5.5262 21.3
1978 88,764,610 5,938,968 6.6907 1,267,171 4,671,797 5.2631 21.3
1979 93,941,830 5,891,752 6.2717 1,266,204 4,625,548 4.9238 21.5
1980 137,245,766 7,014,463 5.1109 1,473,395 5,380,926 3.9206 21.0
1981 142,439,620 8,260,721 5.7995 1,713,844 6,546,877 4.5962 20.7
1982 148,373,220 8,755,329 5.9009 1,837,933 6,917,396 4.6622 21.0
1983 148,912,970 9,150,912 6.1451 1,947,780 7,203,132 4.8371 21.3
1984 150,979,410 9,806,702 6.4954 2,057,765 7,748,937 5.1324 21.0
1985 157,649,620 10,872,904 6.8969 2,384,986 8,487,918 5.3840 21.9
1986 164,293,260 11,269,035 6.8591 2,460,996 8,808,039 5.3612 21.8
1987 170,604,680 12,244,290 7.1770 2,663,464 9,580,826 5.6158 21.8
1988 176,160,880 12,936,326 7.3435 2,871,834 10,064,492 5.7132 22.2
1989 177,788,850 13,669,527 7.6886 2,927,388 10,742,139 6.0421 21.4
1990 252,006,050 14,665,899 5.8197 3,071,106 11,594,793 4.6010 20.9
1991 258,327,350 16,315,871 6.3160 3,328,918 12,986,953 5.0273 20.4
1992 267,381,730 17,061,617 6.3810 3,393,414 13,668,203 5.1119 19.9
1993 277,373,800 18,789,740 6.7742 3,539,277 15,250,463 5.4982 18.8
1994 278,903,640 20,017,034 7.1770 3,669,231 16,347,803 5.8615 18.3
1995 294,153,640 23,084,653 7.8478 3,885,432 19,199,221 6.5269 16.8
1996 316,598,780 25,020,405 7.9029 4,117,978 20,902,427 6.6022 16.5
1997 316,598,780 25,620,184 8.0923 4,117,047 21,503,137 6.7919 16.1
1998 374,931,260 25,762,978 6.8714 4,143,323 21,619,655 5.7663 16.1
1999 389,878,045 28,721,588 7.3668 4,549,829 24,171,759 6.1998 15.8
2000 403,070,270 30,929,271 7.6734 5,129,138 25,800,133 6.4009 16.6
2001 409,606,340 34,701,074 8.4718 5,331,938 29,369,136 7.1701 15.4
2002 1,262,905,750 35,210,881 2.7881 5,580,207 29,630,674 2.3462 15.8
2003 2,084,262,224 38,098,462 1.8279 10,501,976 27,596,486 1.3240 27.6
2004 N/A
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.