| Switzerland 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 | 16,496,360 | 1,334,791 | 8.0914 | 267,676 | 1,067,115 | 6.4688 | 20.1 | |||
| 1978 | 17,232,060 | 1,361,558 | 7.9013 | 272,330 | 1,089,228 | 6.3209 | 20.0 | |||
| 1979 | 17,757,580 | 1,422,122 | 8.0085 | 284,975 | 1,137,147 | 6.4037 | 20.0 | |||
| 1980 | 26,895,650 | 1,716,294 | 6.3813 | 343,396 | 1,345,399 | 5.0023 | 20.0 | |||
| 1981 | 27,507,290 | 1,989,486 | 7.2326 | 397,935 | 1,591,551 | 5.7859 | 20.0 | |||
| 1982 | 27,573,390 | 2,093,199 | 7.5914 | 419,244 | 1,673,955 | 6.0709 | 20.0 | |||
| 1983 | 27,918,500 | 2,099,289 | 7.5193 | 420,653 | 1,678,636 | 6.0126 | 20.0 | |||
| 1984 | 28,432,430 | 2,032,102 | 7.1471 | 407,171 | 1,624,931 | 5.7151 | 20.0 | |||
| 1985 | 28,645,460 | 2,171,429 | 7.5804 | 431,726 | 1,739,703 | 6.0732 | 19.9 | |||
| 1986 | 29,334,880 | 2,352,575 | 8.0197 | 399,536 | 1,953,039 | 6.6577 | 17.0 | |||
| 1987 | 29,622,360 | 2,505,930 | 8.4596 | 418,279 | 2,087,651 | 7.0476 | 16.7 | |||
| 1988 | 29,406,140 | 2,502,017 | 8.5085 | 435,647 | 2,066,370 | 7.0270 | 17.4 | |||
| 1989 | 30,096,080 | 2,706,780 | 8.9938 | 451,442 | 2,255,338 | 7.4938 | 16.7 | |||
| 1990 | 39,160,790 | 2,663,076 | 6.8004 | 453,002 | 2,210,074 | 5.6436 | 17.0 | |||
| 1991 | 39,160,790 | 2,777,352 | 7.0922 | 486,294 | 2,291,058 | 5.8504 | 17.5 | |||
| 1992 | 40,909,420 | 2,979,448 | 7.2830 | 515,948 | 2,463,500 | 6.0218 | 17.3 | |||
| 1993 | 41,879,240 | 3,233,004 | 7.7198 | 529,196 | 2,703,808 | 6.4562 | 16.4 | |||
| 1994 | 43,053,330 | 3,457,430 | 8.0306 | 540,116 | 2,917,314 | 6.7760 | 15.6 | |||
| 1995 | 42,818,215 | 3,502,074 | 8.1789 | 562,967 | 2,939,107 | 6.8642 | 16.1 | |||
| 1996 | 46,640,611 | 3,669,114 | 7.8668 | 617,088 | 3,052,026 | 6.5437 | 16.8 | |||
| 1997 | 47,517,944 | 3,826,752 | 8.0533 | 615,004 | 3,211,748 | 6.7590 | 16.1 | |||
| 1998 | 52,668,790 | 4,048,825 | 7.6873 | 638,968 | 3,409,857 | 6.4742 | 15.8 | |||
| 1999 | 56,382,895 | 4,579,248 | 8.1217 | 713,921 | 3,865,327 | 6.8555 | 15.6 | |||
| 2000 | 52,591,360 | 4,534,570 | 8.6223 | 734,192 | 3,800,378 | 7.2262 | 16.2 | |||
| 2001 | 55,336,392 | 5,069,600 | 9.1614 | 817,745 | 4,251,855 | 7.6837 | 16.1 | |||
| 2002 | 187,487,511 | 5,954,478 | 3.1759 | 903,274 | 5,051,204 | 2.6942 | 15.2 | |||
| 2003 | 377,825,450 | 5,278,667 | 1.3971 | 1,464,320 | 3,814,347 | 1.0096 | 27.7 | |||
| 2004 | 379,951,858 | 5,071,707 | 1.3348 | 1,364,032 | 3,707,675 | 0.9758 | 26.9 | |||
| 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. | ||||||||||