A tachometer signal conditioner circuit functions to accept a wide range of input signals and produces a digital pulse signal which indicates a gear shaft phase reference position. Tachometer input signals of either a true 1/revolution or an N/revolution signal with a single pulse or N pulses of different amplitude than the other pulses during the same shaft revolution can be used. The circuit comprises tachometer signal conditioner circuitry for amplifying and filtering the input from the tachometer, tachometer signal detector circuitry to produce digital pulses synchronous with the tachometer signal cycles and to detect the occurrence of a tachometer signal with a different amplitude during each 1/revolution or N/revolution period, a blanking signal generator which prevents tachometer signal noise from generating spurious 1/rev pulses during operation in the N/rev mode, and an output driver which produces signals to the remaining signal circuitry and to a front panel indicator lamp. One application of the circuit is to direct the distribution of balance weights in an airplane engine.