Tipton 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	53,945,940	3,848,713	7.1344	811,463	3,037,250	5.6302	21.1
1978	57,890,660	3,790,746	6.5481	796,416	2,994,330	5.1724	21.0
1979	61,598,905	3,676,889	5.9691	780,742	2,896,147	4.7016	21.2
1980	79,901,760	4,273,800	5.3488	888,397	3,278,166	4.1027	20.8
1981	86,071,450	5,214,359	6.0582	1,084,550	4,129,809	4.7981	20.8
1982	87,353,040	5,607,091	6.4189	1,170,238	4,436,853	5.0792	20.9
1983	88,772,240	5,813,610	6.5489	1,232,256	4,581,354	5.1608	21.2
1984	89,488,030	6,690,290	7.4762	1,383,478	5,306,812	5.9302	20.7
1985	87,178,320	6,632,546	7.6080	1,521,264	5,111,282	5.8630	22.9
1986	89,894,810	7,231,539	8.0444	1,450,987	5,780,552	6.4304	20.1
1987	92,136,120	7,842,670	8.5120	1,537,495	6,305,175	6.8433	19.6
1988	88,473,090	7,695,515	8.6981	1,457,767	6,237,748	7.0504	18.9
1989	89,623,110	8,001,504	8.9279	1,503,638	6,497,866	7.2502	18.8
1990	111,708,950	7,764,708	6.9508	1,451,306	6,313,402	5.6517	18.7
1991	114,678,260	8,759,954	7.6387	1,522,840	7,237,114	6.3108	17.4
1992	115,319,270	9,089,365	7.8819	1,553,459	7,535,906	6.5348	17.1
1993	117,059,960	9,445,306	8.0688	1,708,963	7,736,343	6.6089	18.1
1994	119,648,400	9,947,266	8.3137	1,770,051	8,177,215	6.8344	17.8
1995	123,037,560	10,719,081	8.7120	1,882,048	8,837,033	7.1824	17.6
1996	142,277,462	11,393,455	8.0079	1,959,379	9,434,076	6.6308	17.2
1997	144,138,930	11,539,841	8.0061	2,026,923	9,512,918	6.5998	17.6
1998	147,959,034	11,778,852	7.9609	1,999,478	9,779,374	6.6095	17.0
1999	154,240,705	12,940,800	8.3900	2,133,687	10,807,113	7.0067	16.5
2000	158,076,164	13,356,112	8.4492	2,190,386	11,165,726	7.0635	16.4
2001	160,948,104	13,601,254	8.4507	2,257,196	11,344,058	7.0483	16.6
2002	494,943,766	13,706,231	2.7693	2,322,030	11,384,201	2.3001	16.9
2003	769,301,309	15,595,494	2.0272	4,272,886	11,322,608	1.4718	27.4
2004	768,895,168	16,475,187	2.1427	4,521,220	11,953,967	1.5547	27.4
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.