Parke 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 36,432,692 2,759,580 7.5745 558,197 2,201,383 6.0423 20.2
1978 37,358,435 3,086,063 8.2607 618,804 2,467,259 6.6043 20.1
1979 39,122,218 3,170,216 8.1034 634,905 2,535,311 6.4805 20.0
1980 69,209,312 3,459,439 4.9985 693,661 2,697,077 3.8970 20.1
1981 71,259,180 3,931,056 5.5166 786,521 3,144,535 4.4128 20.0
1982 71,794,137 4,117,141 5.7346 825,581 3,291,560 4.5847 20.1
1983 73,304,254 4,200,476 5.7302 842,161 3,358,315 4.5813 20.0
1984 73,930,580 4,551,718 6.1567 912,349 3,639,369 4.9227 20.0
1985 73,716,350 5,551,464 7.5308 1,039,465 4,511,999 6.1208 18.7
1986 74,524,885 6,151,084 8.2537 1,109,403 5,041,681 6.7651 18.0
1987 75,344,615 6,305,131 8.3684 1,133,856 5,171,275 6.8635 18.0
1988 75,434,730 5,527,871 7.3280 1,142,250 4,385,621 5.8138 20.7
1989 75,917,325 6,017,334 7.9262 1,178,780 4,838,554 6.3735 19.6
1990 95,106,260 6,480,806 6.8143 1,275,464 5,205,342 5.4732 19.7
1991 94,187,915 7,006,129 7.4385 1,410,265 5,595,864 5.9412 20.1
1992 94,012,385 7,345,791 7.8136 1,327,657 6,018,134 6.4014 18.1
1993 93,531,220 7,434,773 7.9490 1,281,034 6,153,739 6.5793 17.2
1994 94,831,165 7,600,873 8.0152 1,296,386 6,304,487 6.6481 17.1
1995 95,553,265 7,718,927 8.0781 1,403,750 6,315,177 6.6091 18.2
1996 105,333,635 8,082,708 7.6734 1,379,728 6,702,980 6.3636 17.1
1997 109,026,993 8,321,533 7.6325 1,428,310 6,893,223 6.3225 17.2
1998 113,403,030 9,017,128 7.9514 1,516,531 7,500,597 6.6141 16.8
1999 114,783,727 9,213,322 8.0267 1,589,554 7,623,768 6.6419 17.3
2000 117,603,662 9,982,903 8.4886 1,675,113 8,307,790 7.0642 16.8
2001 119,957,743 10,358,078 8.6348 1,671,573 8,686,505 7.2413 16.1
2002 367,285,423 10,638,715 2.8966 1,742,553 8,896,162 2.4221 16.4
2003 638,869,564 11,661,206 1.8253 3,433,535 8,227,671 1.2878 29.4
2004 612,164,654 12,365,244 2.0199 3,565,575 8,799,669 1.4375 28.8
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.