| 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. | ||||||||||