| Steuben 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 | 76,199,400 | 4,857,128 | 6.3742 | 1,004,047 | 3,853,081 | 5.0566 | 20.7 | |||
| 1978 | 79,495,080 | 4,947,177 | 6.2232 | 1,035,842 | 3,911,335 | 4.9202 | 20.9 | |||
| 1979 | 81,796,470 | 5,497,007 | 6.7203 | 1,147,515 | 4,349,492 | 5.3175 | 20.9 | |||
| 1980 | 131,083,400 | 6,464,546 | 4.9316 | 1,334,580 | 4,983,436 | 3.8017 | 20.6 | |||
| 1981 | 137,616,520 | 6,772,990 | 4.9216 | 1,417,451 | 5,355,539 | 3.8916 | 20.9 | |||
| 1982 | 142,186,540 | 7,360,932 | 5.1770 | 1,543,766 | 5,817,166 | 4.0912 | 21.0 | |||
| 1983 | 145,640,730 | 7,749,514 | 5.3210 | 1,670,660 | 6,078,854 | 4.1739 | 21.6 | |||
| 1984 | 147,912,770 | 8,408,135 | 5.6845 | 1,780,639 | 6,627,496 | 4.4807 | 21.2 | |||
| 1985 | 152,726,560 | 8,958,934 | 5.8660 | 1,936,987 | 7,021,947 | 4.5977 | 21.6 | |||
| 1986 | 159,663,960 | 10,288,615 | 6.4439 | 2,019,775 | 8,268,840 | 5.1789 | 19.6 | |||
| 1987 | 171,096,130 | 11,348,525 | 6.6328 | 2,226,862 | 9,121,663 | 5.3313 | 19.6 | |||
| 1988 | 178,914,050 | 12,596,660 | 7.0406 | 2,309,713 | 10,286,947 | 5.7497 | 18.3 | |||
| 1989 | 191,833,470 | 13,178,698 | 6.8699 | 2,402,029 | 10,776,669 | 5.6177 | 18.2 | |||
| 1990 | 272,190,645 | 15,515,927 | 5.7004 | 2,946,635 | 12,569,292 | 4.6178 | 19.0 | |||
| 1991 | 275,741,380 | 17,713,006 | 6.4238 | 2,980,369 | 14,732,637 | 5.3429 | 16.8 | |||
| 1992 | 286,173,865 | 19,532,148 | 6.8253 | 3,250,876 | 16,281,272 | 5.6893 | 16.6 | |||
| 1993 | 291,660,035 | 21,411,577 | 7.3413 | 3,452,844 | 17,958,733 | 6.1574 | 16.1 | |||
| 1994 | 302,236,960 | 22,817,197 | 7.5494 | 3,422,933 | 19,394,264 | 6.4169 | 15.0 | |||
| 1995 | 310,389,800 | 23,436,166 | 7.5506 | 3,549,326 | 19,886,840 | 6.4071 | 15.1 | |||
| 1996 | 362,216,300 | 24,800,220 | 6.8468 | 3,533,283 | 21,266,937 | 5.8713 | 14.2 | |||
| 1997 | 362,216,300 | 25,718,499 | 7.1003 | 3,743,786 | 21,974,713 | 6.0667 | 14.6 | |||
| 1998 | 388,303,555 | 28,540,356 | 7.3500 | 3,865,341 | 24,675,015 | 6.3546 | 13.5 | |||
| 1999 | 401,551,085 | 28,419,475 | 7.0774 | 4,258,364 | 24,161,111 | 6.0169 | 15.0 | |||
| 2000 | 415,914,384 | 30,042,758 | 7.2233 | 4,411,647 | 25,631,111 | 6.1626 | 14.7 | |||
| 2001 | 431,592,303 | 31,792,313 | 7.3663 | 4,570,005 | 27,222,308 | 6.3074 | 14.4 | |||
| 2002 | 1,334,783,144 | 34,638,633 | 2.5951 | 5,032,039 | 29,606,594 | 2.2181 | 14.5 | |||
| 2003 | 2,730,977,336 | 39,233,520 | 1.4366 | 10,721,045 | 28,512,475 | 1.0440 | 27.3 | |||
| 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. | ||||||||||