| Ripley 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 | 50,467,395 | 3,659,255 | 7.2507 | 749,507 | 2,909,748 | 5.7656 | 20.5 | |||
| 1978 | 53,035,830 | 3,733,564 | 7.0397 | 787,959 | 2,945,605 | 5.5540 | 21.1 | |||
| 1979 | 56,639,830 | 3,677,440 | 6.4927 | 789,766 | 2,887,674 | 5.0983 | 21.5 | |||
| 1980 | 90,063,330 | 4,047,955 | 4.4946 | 862,747 | 3,082,511 | 3.4226 | 21.3 | |||
| 1981 | 92,685,637 | 4,962,176 | 5.3538 | 1,047,622 | 3,914,554 | 4.2235 | 21.1 | |||
| 1982 | 98,569,077 | 5,813,800 | 5.8982 | 1,220,169 | 4,593,631 | 4.6603 | 21.0 | |||
| 1983 | 99,483,135 | 5,460,699 | 5.4891 | 1,170,622 | 4,290,077 | 4.3124 | 21.4 | |||
| 1984 | 98,747,355 | 5,475,483 | 5.5449 | 1,167,439 | 4,308,044 | 4.3627 | 21.3 | |||
| 1985 | 99,745,901 | 5,849,981 | 5.8649 | 1,222,517 | 4,627,464 | 4.6393 | 20.9 | |||
| 1986 | 102,109,249 | 6,028,387 | 5.9039 | 1,226,959 | 4,801,428 | 4.7022 | 20.4 | |||
| 1987 | 105,169,241 | 5,571,642 | 5.2978 | 1,367,638 | 4,204,004 | 3.9974 | 24.5 | |||
| 1988 | 105,715,907 | 6,307,073 | 5.9661 | 1,390,747 | 4,916,326 | 4.6505 | 22.1 | |||
| 1989 | 110,415,960 | 7,253,284 | 6.5691 | 1,326,851 | 5,926,433 | 5.3674 | 18.3 | |||
| 1990 | 154,396,894 | 7,639,626 | 4.9480 | 1,392,607 | 6,247,019 | 4.0461 | 18.2 | |||
| 1991 | 158,521,729 | 9,050,474 | 5.7093 | 1,461,465 | 7,589,009 | 4.7874 | 16.1 | |||
| 1992 | 158,950,703 | 9,434,101 | 5.9352 | 1,562,400 | 7,871,701 | 4.9523 | 16.6 | |||
| 1993 | 161,990,226 | 10,221,865 | 6.3102 | 1,659,162 | 8,562,703 | 5.2859 | 16.2 | |||
| 1994 | 170,207,197 | 11,403,705 | 6.6999 | 1,558,179 | 9,845,526 | 5.7844 | 13.7 | |||
| 1995 | 175,952,420 | 12,016,454 | 6.8294 | 1,801,886 | 10,214,568 | 5.8053 | 15.0 | |||
| 1996 | 197,076,762 | 13,170,665 | 6.6830 | 1,943,073 | 11,227,592 | 5.6971 | 14.8 | |||
| 1997 | 205,321,690 | 14,164,613 | 6.8987 | 2,024,138 | 12,140,475 | 5.9129 | 14.3 | |||
| 1998 | 219,586,665 | 15,338,176 | 6.9850 | 2,076,293 | 13,261,883 | 6.0395 | 13.5 | |||
| 1999 | 226,408,957 | 16,333,024 | 7.2139 | 2,437,207 | 13,895,817 | 6.1375 | 14.9 | |||
| 2000 | 226,994,488 | 17,122,030 | 7.5429 | 2,644,461 | 14,477,569 | 6.3779 | 15.4 | |||
| 2001 | 231,903,576 | 17,692,160 | 7.6291 | 2,755,009 | 14,937,151 | 6.4411 | 15.6 | |||
| 2002 | 728,874,117 | 18,985,449 | 2.6048 | 2,845,585 | 16,139,864 | 2.2144 | 15.0 | |||
| 2003 | 1,058,380,319 | 19,636,318 | 1.8553 | 5,702,648 | 13,933,670 | 1.3165 | 29.0 | |||
| 2004 | N/A | |||||||||
| 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. | ||||||||||