Posey 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	99,755,140	5,799,168	5.8134	1,165,386	4,633,782	4.6452	20.1
1978	107,450,740	6,217,445	5.7863	1,244,314	4,973,131	4.6283	20.0
1979	111,712,300	6,648,238	5.9512	1,343,265	5,304,973	4.7488	20.2
1980	170,783,730	7,327,194	4.2903	1,465,872	5,691,945	3.3328	20.0
1981	187,317,230	7,843,689	4.1874	1,569,737	6,273,952	3.3494	20.0
1982	224,374,830	8,674,750	3.8662	1,740,767	6,933,983	3.0904	20.1
1983	238,205,570	10,006,830	4.2009	2,006,858	7,999,972	3.3584	20.1
1984	238,712,090	10,740,104	4.4992	2,152,809	8,587,295	3.5973	20.0
1985	247,506,975	12,228,847	4.9408	2,156,804	10,072,043	4.0694	17.6
1986	262,860,500	14,163,171	5.3881	2,380,525	11,782,646	4.4825	16.8
1987	274,898,130	15,954,738	5.8039	2,727,168	13,227,570	4.8118	17.1
1988	295,118,240	17,920,736	6.0724	2,815,638	15,105,098	5.1183	15.7
1989	334,941,612	20,147,374	6.0152	2,950,502	17,196,872	5.1343	14.6
1990	417,667,164	22,710,478	5.4375	3,223,773	19,486,705	4.6656	14.2
1991	423,103,021	25,474,742	6.0209	3,672,596	21,802,146	5.1529	14.4
1992	413,509,525	28,602,424	6.9170	4,068,817	24,533,607	5.9330	14.2
1993	428,141,445	29,007,784	6.7753	4,184,348	24,823,436	5.7980	14.4
1994	430,226,548	30,947,751	7.1934	4,548,613	26,399,138	6.1361	14.7
1995	427,310,196	32,678,662	7.6475	4,852,975	27,825,687	6.5118	14.9
1996	430,110,395	33,577,268	7.8067	5,043,017	28,534,251	6.6342	15.0
1997	452,406,719	35,171,521	7.7743	5,306,773	29,864,748	6.6013	15.1
1998	469,198,772	36,900,095	7.8645	5,202,025	31,698,070	6.7558	14.1
1999	473,534,970	37,116,538	7.8382	5,731,750	31,384,788	6.6278	15.4
2000	476,322,476	36,673,343	7.6993	5,724,586	30,948,757	6.4974	15.6
2001	476,065,281	37,937,849	7.9690	5,827,022	32,110,827	6.7450	15.4
2002	1,460,850,198	38,531,099	2.6376	5,922,996	32,608,103	2.2321	15.4
2003	1,677,092,946	41,962,519	2.5021	13,207,823	28,754,696	1.7146	31.5
2004	1,709,689,112	43,002,933	2.5152	13,500,278	29,502,655	1.7256	31.4
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.