Sullivan 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 56,833,460 4,115,011 7.2405 824,204 3,290,807 5.7903 20.0
1978 61,055,245 4,255,145 6.9693 852,206 3,402,939 5.5735 20.0
1979 61,832,005 4,380,975 7.0853 876,772 3,504,203 5.6673 20.0
1980 85,561,770 4,566,716 5.3373 913,346 3,589,990 4.1958 20.0
1981 127,646,470 5,534,057 4.3355 1,107,112 4,426,945 3.4681 20.0
1982 135,332,680 6,844,939 5.0579 1,371,900 5,473,039 4.0441 20.0
1983 147,938,195 7,716,313 5.2159 1,546,233 6,170,080 4.1707 20.0
1984 169,855,060 9,444,671 5.5604 1,893,120 7,551,551 4.4459 20.0
1985 195,677,950 11,113,269 5.6794 2,169,247 8,944,022 4.5708 19.5
1986 205,908,355 12,797,692 6.2152 2,190,267 10,607,425 5.1515 17.1
1987 221,635,870 13,953,897 6.2959 2,369,781 11,584,116 5.2266 17.0
1988 232,912,160 15,075,805 6.4727 2,561,600 12,514,205 5.3729 17.0
1989 219,749,420 14,516,619 6.6060 2,606,752 11,909,867 5.4197 18.0
1990 209,806,015 15,914,542 7.5854 2,538,069 13,376,473 6.3756 15.9
1991 183,275,595 17,221,561 9.3965 2,783,138 14,438,423 7.8780 16.2
1992 188,375,165 17,801,055 9.4498 2,844,094 14,956,961 7.9400 16.0
1993 178,935,535 17,411,533 9.7306 2,780,847 14,630,686 8.1765 16.0
1994 170,365,160 16,880,336 9.9083 2,685,914 14,194,422 8.3318 15.9
1995 182,421,030 17,538,768 9.6144 2,823,675 14,715,093 8.0666 16.1
1996 195,084,910 18,367,185 9.4150 2,861,177 15,506,008 7.9483 15.6
1997 191,797,380 18,107,099 9.4407 2,853,779 15,253,320 7.9528 15.8
1998 193,837,785 18,387,338 9.4859 2,875,015 15,512,323 8.0027 15.6
1999 196,442,990 18,250,936 9.2907 2,907,373 15,343,563 7.8107 15.9
2000 199,145,025 18,760,622 9.4206 2,917,565 15,843,057 7.9555 15.6
2001 199,046,810 19,376,241 9.7345 3,009,151 16,367,090 8.2227 15.5
2002 588,077,135 19,443,857 3.3063 2,896,694 16,547,163 2.8138 14.9
2003 799,218,480 21,778,942 2.7250 5,410,481 16,368,461 2.0481 24.8
2004 746,434,710 22,101,043 2.9609 5,203,488 16,897,555 2.2638 23.5
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.