| Putnam 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 | 68,524,870 | 5,312,797 | 7.7531 | 1,076,859 | 4,235,938 | 6.1816 | 20.3 | |||
| 1978 | 70,702,490 | 5,372,638 | 7.5989 | 1,078,525 | 4,294,113 | 6.0735 | 20.1 | |||
| 1979 | 76,081,980 | 5,741,445 | 7.5464 | 1,154,603 | 4,586,842 | 6.0288 | 20.1 | |||
| 1980 | 106,712,680 | 6,031,525 | 5.6521 | 1,206,675 | 4,674,201 | 4.3802 | 20.0 | |||
| 1981 | 112,633,130 | 6,840,648 | 6.0734 | 1,368,313 | 5,472,335 | 4.8585 | 20.0 | |||
| 1982 | 118,910,530 | 7,458,506 | 6.2724 | 1,494,179 | 5,964,327 | 5.0158 | 20.0 | |||
| 1983 | 123,176,780 | 7,534,478 | 6.1168 | 1,509,682 | 6,024,796 | 4.8912 | 20.0 | |||
| 1984 | 127,596,550 | 7,866,462 | 6.1651 | 1,575,897 | 6,290,565 | 4.9300 | 20.0 | |||
| 1985 | 126,324,710 | 8,737,449 | 6.9167 | 1,676,387 | 7,061,062 | 5.5896 | 19.2 | |||
| 1986 | 123,415,720 | 9,892,453 | 8.0156 | 1,787,297 | 8,105,156 | 6.5674 | 18.1 | |||
| 1987 | 127,560,145 | 9,208,060 | 7.2186 | 1,885,765 | 7,322,295 | 5.7403 | 20.5 | |||
| 1988 | 120,400,900 | 9,929,213 | 8.2468 | 1,916,943 | 8,012,270 | 6.6547 | 19.3 | |||
| 1989 | 119,188,050 | 9,975,307 | 8.3694 | 1,819,895 | 8,155,412 | 6.8425 | 18.2 | |||
| 1990 | 177,042,954 | 10,637,284 | 6.0083 | 1,987,470 | 8,649,814 | 4.8857 | 18.7 | |||
| 1991 | 182,490,330 | 12,667,071 | 6.9412 | 1,990,420 | 10,676,651 | 5.8505 | 15.7 | |||
| 1992 | 186,586,270 | 14,497,799 | 7.7700 | 1,942,833 | 12,554,966 | 6.7288 | 13.4 | |||
| 1993 | 196,477,350 | 15,926,888 | 8.1062 | 1,995,512 | 13,931,376 | 7.0906 | 12.5 | |||
| 1994 | 204,517,416 | 15,653,276 | 7.6538 | 2,237,909 | 13,415,367 | 6.5595 | 14.3 | |||
| 1995 | 217,315,000 | 17,171,669 | 7.9017 | 2,258,147 | 14,913,522 | 6.8626 | 13.2 | |||
| 1996 | 261,659,570 | 18,459,058 | 7.0546 | 2,307,171 | 16,151,887 | 6.1729 | 12.5 | |||
| 1997 | 267,027,493 | 19,849,714 | 7.4336 | 2,720,669 | 17,129,045 | 6.4147 | 13.7 | |||
| 1998 | 280,840,547 | 20,987,217 | 7.4730 | 2,607,514 | 18,379,703 | 6.5445 | 12.4 | |||
| 1999 | 298,119,782 | 22,262,471 | 7.4676 | 3,084,454 | 19,178,017 | 6.4330 | 13.9 | |||
| 2000 | 306,093,649 | 23,637,631 | 7.7224 | 3,357,175 | 20,280,456 | 6.6256 | 14.2 | |||
| 2001 | 319,461,914 | 26,201,917 | 8.2019 | 3,621,321 | 22,580,596 | 7.0683 | 13.8 | |||
| 2002 | 1,011,738,397 | 28,495,606 | 2.8165 | 3,797,002 | 24,698,604 | 2.4412 | 13.3 | |||
| 2003 | 1,474,686,065 | 30,221,654 | 2.0494 | 7,936,143 | 22,285,511 | 1.5112 | 26.3 | |||
| 2004 | 1,526,642,006 | 31,902,227 | 2.0897 | 8,135,839 | 23,766,388 | 1.5568 | 25.5 | |||
| 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. | ||||||||||