| Union 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 | 17,057,970 | 1,057,314 | 6.1984 | 227,466 | 829,848 | 4.8649 | 21.5 | |||
| 1978 | 18,246,690 | 1,126,522 | 6.1738 | 241,561 | 884,961 | 4.8500 | 21.4 | |||
| 1979 | 19,511,150 | 1,179,772 | 6.0467 | 248,420 | 931,352 | 4.7734 | 21.1 | |||
| 1980 | 32,137,010 | 1,293,877 | 4.0261 | 271,738 | 998,193 | 3.1061 | 21.0 | |||
| 1981 | 33,708,780 | 1,420,183 | 4.2131 | 296,590 | 1,123,593 | 3.3332 | 20.9 | |||
| 1982 | 34,581,930 | 1,507,423 | 4.3590 | 311,772 | 1,195,651 | 3.4574 | 20.7 | |||
| 1983 | 35,536,930 | 1,588,938 | 4.4712 | 337,792 | 1,251,146 | 3.5207 | 21.3 | |||
| 1984 | 35,801,990 | 1,711,035 | 4.7792 | 358,334 | 1,352,701 | 3.7783 | 20.9 | |||
| 1985 | 36,701,910 | 1,898,480 | 5.1727 | 405,734 | 1,492,746 | 4.0672 | 21.4 | |||
| 1986 | 37,964,060 | 2,040,241 | 5.3741 | 419,925 | 1,620,316 | 4.2680 | 20.6 | |||
| 1987 | 37,304,790 | 2,085,165 | 5.5895 | 425,689 | 1,659,476 | 4.4484 | 20.4 | |||
| 1988 | 37,131,310 | 2,330,761 | 6.2771 | 451,850 | 1,878,911 | 5.0602 | 19.4 | |||
| 1989 | 37,176,230 | 2,351,695 | 6.3258 | 458,699 | 1,892,996 | 5.0920 | 19.5 | |||
| 1990 | 44,444,040 | 2,553,813 | 5.7461 | 501,549 | 2,052,264 | 4.6176 | 19.6 | |||
| 1991 | 45,127,305 | 2,725,105 | 6.0387 | 502,918 | 2,222,187 | 4.9243 | 18.5 | |||
| 1992 | 45,677,078 | 2,804,257 | 6.1393 | 542,148 | 2,262,109 | 4.9524 | 19.3 | |||
| 1993 | 46,072,680 | 3,063,953 | 6.6503 | 588,331 | 2,475,622 | 5.3733 | 19.2 | |||
| 1994 | 47,560,760 | 3,409,221 | 7.1681 | 585,759 | 2,823,462 | 5.9365 | 17.2 | |||
| 1995 | 48,759,135 | 3,922,772 | 8.0452 | 620,383 | 3,302,389 | 6.7729 | 15.8 | |||
| 1996 | 54,252,858 | 4,469,307 | 8.2379 | 617,954 | 3,851,353 | 7.0989 | 13.8 | |||
| 1997 | 54,252,858 | 4,465,048 | 8.2301 | 661,727 | 3,803,321 | 7.0104 | 14.8 | |||
| 1998 | 58,124,840 | 5,019,455 | 8.6356 | 715,972 | 4,303,483 | 7.4039 | 14.3 | |||
| 1999 | 58,124,840 | 5,167,416 | 8.8902 | 791,574 | 4,375,842 | 7.5284 | 15.3 | |||
| 2000 | 62,675,061 | 5,682,926 | 9.0673 | 759,950 | 4,922,976 | 7.8548 | 13.4 | |||
| 2001 | 58,591,240 | 5,147,880 | 8.7861 | 787,674 | 4,360,206 | 7.4417 | 15.3 | |||
| 2002 | 187,747,975 | 6,010,226 | 3.2012 | 872,080 | 5,138,146 | 2.7367 | 14.5 | |||
| 2003 | 276,864,718 | 6,087,979 | 2.1989 | 1,530,116 | 4,557,863 | 1.6462 | 25.1 | |||
| 2004 | 297,305,381 | 8,031,779 | 2.7015 | 1,744,345 | 6,287,434 | 2.1148 | 21.7 | |||
| 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. | ||||||||||