Vermillion 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	76,670,820	5,009,158	6.5333	1,002,851	4,006,307	5.2253	20.0
1978	85,252,700	5,569,246	6.5326	1,117,252	4,451,994	5.2221	20.1
1979	90,233,755	5,446,396	6.0359	1,091,855	4,354,541	4.8258	20.0
1980	113,403,850	6,046,924	5.3322	1,209,387	4,758,322	4.1959	20.0
1981	119,074,045	6,334,004	5.3194	1,266,801	5,067,203	4.2555	20.0
1982	125,027,745	6,419,854	5.1347	1,289,765	5,130,089	4.1032	20.1
1983	125,027,745	7,243,780	5.7937	1,486,110	5,757,670	4.6051	20.5
1984	110,728,538	6,995,608	6.3178	1,400,154	5,595,454	5.0533	20.0
1985	118,873,625	8,038,803	6.7625	1,500,769	6,538,034	5.5000	18.7
1986	117,147,680	8,803,836	7.5152	1,538,993	7,264,843	6.2014	17.5
1987	116,284,685	8,906,292	7.6590	1,558,595	7,347,697	6.3187	17.5
1988	118,345,160	9,500,782	8.0280	1,671,115	7,829,667	6.6160	17.6
1989	138,295,465	11,246,254	8.1320	2,011,893	9,234,361	6.6773	17.9
1990	134,537,105	10,305,794	7.6602	1,845,306	8,460,488	6.2886	17.9
1991	136,335,715	11,150,518	8.1787	1,969,903	9,180,615	6.7338	17.7
1992	157,807,518	12,018,570	7.6160	2,020,984	9,997,586	6.3353	16.8
1993	174,629,497	12,838,604	7.3519	1,851,807	10,986,797	6.2915	14.4
1994	183,857,795	13,557,684	7.3740	1,919,574	11,638,110	6.3300	14.2
1995	179,283,766	13,853,854	7.7273	1,991,953	11,861,901	6.6163	14.4
1996	218,545,075	13,736,050	6.2852	1,892,689	11,843,361	5.4192	13.8
1997	208,234,495	16,188,071	7.7740	2,212,102	13,975,969	6.7116	13.7
1998	214,257,410	17,376,870	8.1103	2,386,238	14,990,632	6.9966	13.7
1999	211,986,890	16,847,757	7.9475	2,253,837	14,593,920	6.8844	13.4
2000	203,162,660	17,442,317	8.5854	2,393,798	15,048,519	7.4071	13.7
2001	211,946,735	17,946,698	8.4676	2,517,569	15,429,129	7.2797	14.0
2002	635,809,515	19,350,375	3.0434	2,644,303	16,706,072	2.6275	13.7
2003	920,418,440	20,788,142	2.2586	5,517,831	15,270,312	1.6591	26.5
2004	788,754,656	20,576,979	2.6088	4,856,992	15,719,987	1.9930	23.6
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.