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.