Warrick 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 185,860,520 8,550,379 4.6004 1,715,462 6,834,917 3.6774 20.1
1978 186,906,230 10,932,934 5.8494 2,188,742 8,744,192 4.6784 20.0
1979 201,826,403 11,667,520 5.7810 2,333,869 9,333,651 4.6246 20.0
1980 282,556,965 12,711,716 4.4988 2,542,345 9,932,638 3.5153 20.0
1981 292,841,530 13,764,631 4.7004 2,754,370 11,010,261 3.7598 20.0
1982 268,185,685 16,336,518 6.0915 3,273,321 13,063,197 4.8710 20.0
1983 289,817,640 17,234,839 5.9468 3,456,683 13,778,156 4.7541 20.1
1984 283,717,330 18,488,288 6.5164 3,700,941 14,787,347 5.2120 20.0
1985 274,923,110 20,712,308 7.5339 3,852,091 16,860,217 6.1327 18.6
1986 287,043,290 22,120,892 7.7065 4,177,691 17,943,201 6.2510 18.9
1987 332,451,600 24,643,249 7.4126 4,297,359 20,345,890 6.1200 17.4
1988 349,246,880 23,942,318 6.8554 4,329,629 19,612,689 5.6157 18.1
1989 366,571,175 28,555,991 7.7900 4,281,924 24,274,067 6.6219 15.0
1990 437,410,326 30,835,446 7.0495 4,698,375 26,137,071 5.9754 15.2
1991 443,678,915 32,411,386 7.3051 5,001,145 27,410,241 6.1779 15.4
1992 470,111,580 35,926,402 7.6421 5,467,653 30,458,749 6.4790 15.2
1993 475,673,235 37,648,935 7.9149 5,665,302 31,983,633 6.7239 15.0
1994 486,571,900 37,722,058 7.7526 4,861,405 32,860,653 6.7535 12.9
1995 480,860,750 40,028,027 8.3242 5,757,565 34,270,462 7.1269 14.4
1996 566,088,070 41,229,974 7.2833 5,467,875 35,762,099 6.3174 13.3
1997 577,955,935 43,106,702 7.4585 5,920,957 37,185,745 6.4340 13.7
1998 582,267,315 43,327,015 7.4411 5,701,424 37,625,591 6.4619 13.2
1999 607,122,685 44,681,490 7.3595 6,331,393 38,350,097 6.3167 14.2
2000 618,183,445 45,970,131 7.4363 6,220,836 39,749,295 6.4300 13.5
2001 633,447,320 47,435,776 7.4885 6,872,118 40,563,658 6.4036 14.5
2002 1,927,167,585 49,063,018 2.5459 7,198,429 41,864,589 2.1723 14.7
2003 2,497,564,194 56,020,472 2.2430 15,505,447 40,515,025 1.6222 27.7
2004 2,690,679,410 58,604,064 2.1780 16,045,311 42,558,753 1.5817 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.