| 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. | ||||||||||