| Tippecanoe 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 | 318,864,835 | 27,342,587 | 8.5750 | 5,470,892 | 21,871,695 | 6.8592 | 20.0 | |||
| 1978 | 332,249,635 | 29,431,004 | 8.8581 | 5,887,612 | 23,543,392 | 7.0861 | 20.0 | |||
| 1979 | 358,947,870 | 30,277,126 | 8.4350 | 6,056,406 | 24,220,720 | 6.7477 | 20.0 | |||
| 1980 | 524,719,899 | 31,628,092 | 6.0276 | 6,332,206 | 24,283,265 | 4.6279 | 20.0 | |||
| 1981 | 557,158,035 | 34,158,176 | 6.1308 | 6,831,640 | 27,326,536 | 4.9046 | 20.0 | |||
| 1982 | 575,755,500 | 36,302,223 | 6.3051 | 7,273,736 | 29,028,487 | 5.0418 | 20.0 | |||
| 1983 | 604,240,640 | 38,595,034 | 6.3874 | 7,731,502 | 30,863,532 | 5.1078 | 20.0 | |||
| 1984 | 629,411,450 | 43,354,606 | 6.8881 | 8,685,491 | 34,669,115 | 5.5082 | 20.0 | |||
| 1985 | 650,860,930 | 47,839,767 | 7.3502 | 8,680,921 | 39,158,846 | 6.0165 | 18.1 | |||
| 1986 | 645,902,745 | 50,977,270 | 7.8924 | 9,463,977 | 41,513,293 | 6.4272 | 18.6 | |||
| 1987 | 657,765,640 | 52,467,839 | 7.9767 | 9,710,657 | 42,757,182 | 6.5004 | 18.5 | |||
| 1988 | 678,499,445 | 55,784,159 | 8.2217 | 9,601,285 | 46,182,874 | 6.8066 | 17.2 | |||
| 1989 | 702,308,615 | 60,174,463 | 8.5681 | 8,600,030 | 51,574,433 | 7.3436 | 14.3 | |||
| 1990 | 877,025,345 | 64,980,184 | 7.4092 | 10,135,765 | 54,844,419 | 6.2535 | 15.6 | |||
| 1991 | 951,074,255 | 73,217,174 | 7.6984 | 10,550,783 | 62,666,391 | 6.5890 | 14.4 | |||
| 1992 | 1,000,400,690 | 80,500,902 | 8.0469 | 10,952,953 | 69,547,949 | 6.9520 | 13.6 | |||
| 1993 | 1,020,680,555 | 85,433,357 | 8.3702 | 11,995,312 | 73,438,045 | 7.1950 | 14.0 | |||
| 1994 | 1,036,393,355 | 95,291,287 | 9.1945 | 13,441,182 | 81,850,105 | 7.8976 | 14.1 | |||
| 1995 | 1,038,738,980 | 92,626,719 | 8.9172 | 13,304,548 | 79,322,171 | 7.6364 | 14.4 | |||
| 1996 | 1,241,429,405 | 100,887,810 | 8.1267 | 13,755,624 | 87,132,186 | 7.0187 | 13.6 | |||
| 1997 | 1,313,161,915 | 109,874,052 | 8.3671 | 13,859,405 | 96,014,647 | 7.3117 | 12.6 | |||
| 1998 | 1,460,786,260 | 123,770,632 | 8.4729 | 13,909,235 | 109,861,397 | 7.5207 | 11.2 | |||
| 1999 | 1,506,369,955 | 133,329,349 | 8.8510 | 17,456,083 | 115,873,266 | 7.6922 | 13.1 | |||
| 2000 | 1,533,530,855 | 131,989,857 | 8.6069 | 16,831,937 | 115,157,920 | 7.5093 | 12.8 | |||
| 2001 | 1,570,228,695 | 137,552,844 | 8.7601 | 17,662,120 | 119,890,724 | 7.6352 | 12.8 | |||
| 2002 | 4,822,001,150 | 141,614,453 | 2.9368 | 17,837,769 | 123,776,684 | 2.5669 | 12.6 | |||
| 2003 | 7,062,408,510 | 153,373,412 | 2.1717 | 38,614,103 | 114,759,309 | 1.6249 | 25.2 | |||
| 2004 | 7,048,609,310 | 158,404,238 | 2.2473 | 41,106,300 | 117,297,938 | 1.6641 | 26.0 | |||
| 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. | ||||||||||