Shelby 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	104,775,625	8,104,401	7.7350	1,621,681	6,482,720	6.1872	20.0
1978	107,719,980	8,352,441	7.7538	1,676,881	6,675,560	6.1971	20.1
1979	115,804,860	8,739,638	7.5469	1,750,698	6,988,940	6.0351	20.0
1980	177,527,050	9,839,008	5.5423	1,970,004	7,595,946	4.2788	20.0
1981	185,979,115	10,534,576	5.6644	2,107,894	8,426,682	4.5310	20.0
1982	192,989,895	11,361,981	5.8873	2,278,073	9,083,908	4.7069	20.0
1983	193,767,390	11,641,862	6.0082	2,356,000	9,285,862	4.7923	20.2
1984	193,327,368	12,690,336	6.5642	2,541,929	10,148,407	5.2493	20.0
1985	195,652,298	14,032,678	7.1723	2,533,408	11,499,270	5.8774	18.1
1986	199,173,435	12,517,829	6.2849	2,707,447	9,810,382	4.9255	21.6
1987	202,566,605	13,589,248	6.7085	2,733,758	10,855,490	5.3590	20.1
1988	203,335,300	13,763,029	6.7686	2,775,317	10,987,712	5.4037	20.2
1989	207,034,455	15,050,810	7.2697	2,789,062	12,261,748	5.9226	18.5
1990	267,560,160	15,540,232	5.8081	2,873,390	12,666,842	4.7342	18.5
1991	280,751,279	17,281,272	6.1554	3,009,321	14,271,951	5.0835	17.4
1992	289,958,300	18,211,902	6.2809	3,082,794	15,129,108	5.2177	16.9
1993	301,070,880	20,015,254	6.6480	3,452,727	16,562,527	5.5012	17.3
1994	308,325,655	22,307,200	7.2349	3,655,970	18,651,230	6.0492	16.4
1995	312,794,725	23,061,376	7.3727	3,645,730	19,415,646	6.2072	15.8
1996	377,013,090	24,370,891	6.4642	3,788,706	20,582,185	5.4593	15.5
1997	381,706,205	25,981,056	6.8066	4,144,474	21,836,582	5.7208	16.0
1998	408,428,030	26,911,795	6.5891	4,249,881	22,661,914	5.5486	15.8
1999	434,980,750	30,939,203	7.1128	4,649,461	26,289,742	6.0439	15.0
2000	442,450,870	32,437,057	7.3312	5,206,952	27,230,105	6.1544	16.1
2001	445,629,245	35,987,056	8.0756	5,479,526	30,507,530	6.8459	15.2
2002	1,365,739,054	37,744,724	2.7637	5,766,881	31,977,843	2.3414	15.3
2003	2,029,717,631	41,228,947	2.0313	11,237,456	29,991,491	1.4776	27.3
2004	2,029,229,189	42,962,109	2.1172	11,901,415	31,060,694	1.5307	27.7
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.