| Porter 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 | 440,248,220 | 32,634,512 | 7.4128 | 6,529,265 | 26,105,247 | 5.9297 | 20.0 | |||
| 1978 | 469,523,090 | 35,834,231 | 7.6320 | 7,168,006 | 28,666,225 | 6.1054 | 20.0 | |||
| 1979 | 487,853,170 | 38,700,399 | 7.9328 | 7,741,845 | 30,958,554 | 6.3459 | 20.0 | |||
| 1980 | 705,517,320 | 42,430,215 | 6.0141 | 8,486,507 | 32,539,976 | 4.6122 | 20.0 | |||
| 1981 | 733,509,331 | 45,702,101 | 6.2306 | 9,140,447 | 36,561,654 | 4.9845 | 20.0 | |||
| 1982 | 767,846,999 | 48,955,896 | 6.3757 | 9,806,537 | 39,149,359 | 5.0986 | 20.0 | |||
| 1983 | 786,397,170 | 51,051,558 | 6.4918 | 10,226,335 | 40,825,223 | 5.1914 | 20.0 | |||
| 1984 | 766,016,835 | 56,019,603 | 7.3131 | 11,219,244 | 44,800,359 | 5.8485 | 20.0 | |||
| 1985 | 771,585,180 | 59,497,252 | 7.7110 | 11,261,329 | 48,235,923 | 6.2515 | 18.9 | |||
| 1986 | 784,913,330 | 63,032,909 | 8.0306 | 11,815,323 | 51,217,586 | 6.5253 | 18.7 | |||
| 1987 | 765,059,160 | 67,762,595 | 8.8572 | 12,414,007 | 55,348,588 | 7.2346 | 18.3 | |||
| 1988 | 783,582,260 | 68,863,968 | 8.7884 | 12,757,312 | 56,106,656 | 7.1603 | 18.5 | |||
| 1989 | 791,831,950 | 69,122,851 | 8.7295 | 12,383,210 | 56,739,641 | 7.1656 | 17.9 | |||
| 1990 | 1,019,658,590 | 75,181,224 | 7.3732 | 12,963,215 | 62,218,009 | 6.1018 | 17.2 | |||
| 1991 | 1,070,762,370 | 83,876,018 | 7.8333 | 13,779,097 | 70,096,921 | 6.5464 | 16.4 | |||
| 1992 | 1,124,876,830 | 91,019,877 | 8.0915 | 14,174,770 | 76,845,107 | 6.8314 | 15.6 | |||
| 1993 | 1,203,940,260 | 97,563,101 | 8.1036 | 14,790,954 | 82,772,147 | 6.8751 | 15.2 | |||
| 1994 | 1,254,976,270 | 105,698,205 | 8.4223 | 15,243,070 | 90,455,135 | 7.2077 | 14.4 | |||
| 1995 | 1,309,691,650 | 120,368,830 | 9.1906 | 17,066,219 | 103,302,611 | 7.8876 | 14.2 | |||
| 1996 | 1,421,159,657 | 127,692,049 | 8.9851 | 17,736,207 | 109,955,842 | 7.7371 | 13.9 | |||
| 1997 | 1,415,871,617 | 131,174,918 | 9.2646 | 18,009,507 | 113,165,411 | 7.9926 | 13.7 | |||
| 1998 | 1,519,237,880 | 143,396,223 | 9.4387 | 19,253,695 | 124,142,528 | 8.1714 | 13.4 | |||
| 1999 | 1,598,580,332 | 147,207,993 | 9.2087 | 18,828,757 | 128,379,236 | 8.0308 | 12.8 | |||
| 2000 | 1,688,026,071 | 157,653,157 | 9.3395 | 20,868,395 | 136,784,762 | 8.1032 | 13.2 | |||
| 2001 | 1,786,469,764 | 166,371,950 | 9.3129 | 21,610,180 | 144,761,770 | 8.1032 | 13.0 | |||
| 2002 | 4,711,176,836 | 173,446,340 | 3.6816 | 21,105,589 | 152,340,751 | 3.2336 | 12.2 | |||
| 2003 | 7,883,815,109 | 172,999,318 | 2.1944 | 37,661,362 | 135,337,956 | 1.7167 | 21.8 | |||
| 2004 | 7,855,946,758 | 181,398,644 | 2.3091 | 39,666,692 | 141,731,952 | 1.8041 | 21.9 | |||
| 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. | ||||||||||