| Vigo 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 | 240,221,710 | 28,250,067 | 11.7600 | 5,650,841 | 22,599,226 | 9.4077 | 20.0 | |||
| 1978 | 247,563,760 | 29,284,186 | 11.8289 | 5,858,709 | 23,425,477 | 9.4624 | 20.0 | |||
| 1979 | 253,924,210 | 30,511,553 | 12.0160 | 6,103,031 | 24,408,522 | 9.6125 | 20.0 | |||
| 1980 | 325,688,670 | 31,828,972 | 9.7728 | 6,368,364 | 24,816,047 | 7.6196 | 20.0 | |||
| 1981 | 340,688,720 | 32,556,432 | 9.5561 | 6,511,873 | 26,044,559 | 7.6447 | 20.0 | |||
| 1982 | 354,435,600 | 36,076,987 | 10.1787 | 7,222,489 | 28,854,498 | 8.1410 | 20.0 | |||
| 1983 | 370,362,340 | 37,669,993 | 10.1711 | 7,541,406 | 30,128,587 | 8.1349 | 20.0 | |||
| 1984 | 367,792,240 | 39,496,291 | 10.7388 | 7,910,685 | 31,585,606 | 8.5879 | 20.0 | |||
| 1985 | 377,685,270 | 42,289,481 | 11.1970 | 7,586,083 | 34,703,398 | 9.1884 | 17.9 | |||
| 1986 | 377,840,070 | 44,807,251 | 11.8588 | 7,799,049 | 37,008,202 | 9.7947 | 17.4 | |||
| 1987 | 377,738,120 | 49,477,271 | 13.0983 | 8,502,813 | 40,974,458 | 10.8473 | 17.2 | |||
| 1988 | 375,637,840 | 51,244,719 | 13.6421 | 8,830,504 | 42,414,215 | 11.2913 | 17.2 | |||
| 1989 | 369,031,570 | 49,323,207 | 13.3656 | 8,428,370 | 40,894,837 | 11.0817 | 17.1 | |||
| 1990 | 442,088,510 | 52,010,579 | 11.7647 | 9,200,982 | 42,809,597 | 9.6835 | 17.7 | |||
| 1991 | 464,467,084 | 53,900,893 | 11.6049 | 9,263,837 | 44,637,056 | 9.6104 | 17.2 | |||
| 1992 | 628,292,650 | 59,595,171 | 9.4853 | 10,185,029 | 49,410,142 | 7.8642 | 17.1 | |||
| 1993 | 638,284,470 | 65,342,277 | 10.2372 | 10,642,863 | 54,699,414 | 8.5698 | 16.3 | |||
| 1994 | 648,695,090 | 67,032,402 | 10.3334 | 10,770,255 | 56,262,147 | 8.6731 | 16.1 | |||
| 1995 | 667,541,960 | 72,992,822 | 10.9346 | 11,321,349 | 61,671,473 | 9.2386 | 15.5 | |||
| 1996 | 760,852,930 | 78,784,341 | 10.3547 | 12,408,579 | 66,375,762 | 8.7239 | 15.8 | |||
| 1997 | 760,925,730 | 79,887,313 | 10.4987 | 12,260,401 | 67,626,912 | 8.8875 | 15.3 | |||
| 1998 | 820,608,080 | 86,285,639 | 10.5148 | 12,968,885 | 73,316,754 | 8.9344 | 15.0 | |||
| 1999 | 826,698,870 | 93,096,175 | 11.2612 | 14,036,898 | 79,059,277 | 9.5632 | 15.1 | |||
| 2000 | 833,208,420 | 99,972,717 | 11.9985 | 14,850,710 | 85,122,007 | 10.2162 | 14.9 | |||
| 2001 | 860,287,150 | 100,990,959 | 11.7392 | 15,590,498 | 85,400,461 | 9.9270 | 15.4 | |||
| 2002 | 2,597,228,030 | 104,262,852 | 4.0144 | 16,191,877 | 88,070,975 | 3.3910 | 15.5 | |||
| 2003 | 3,546,920,960 | 110,935,269 | 3.1276 | 25,674,446 | 85,260,823 | 2.4038 | 23.1 | |||
| 2004 | 3,598,749,540 | 107,441,840 | 2.9855 | 27,003,864 | 80,437,976 | 2.2352 | 25.1 | |||
| 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. | ||||||||||