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Reliance on Personal Property Taxation

(1988 State Equalized Value and 1998 Taxable Value in millions of dollars)
 

Alpena County

--------------1988-------------- --------------1998-------------- Personal Property 1988-1998
Municipalities Total Property Personal Property Ratio of Personal to Total Property Total Property Personal Property Ratio of Personal to Total Property Dollar Change Percent Change
Alpena City $137.803 $32.188 23.4% $201.563 $16.185 8.0% $ (16.003) -49.7%
Alpena Twp $110.368 $8.493 7.7% $182.616 $34.586 18.9% $26.092 307.2%
Green Twp $17.365 $0.904 5.2% $33.936 $7.381 21.7% $6.477 716.7%
Long Rapids Twp $10.729 $0.289 2.7% $17.626 $0.378 2.1% $0.090 31.0%
Maple Ridge Twp $15.407 $0.581 3.8% $25.554 $0.713 2.8% $0.133 22.9%
Ossineke Twp $23.169 $0.863 3.7% $45.886 $12.015 26.2% $11.152 1291.8%
Sanborn Twp $21.494 $1.139 5.3% $35.666 $2.241 6.3% $1.102 96.7%
Wellington Twp $5.895 $0.129 2.2% $8.429 $0.188 2.2% $0.060 46.5%
Wilson Twp $21.410 $2.629 12.3% $36.802 $5.694 15.5% $3.065 116.6%
Totals $363.640 $47.214 13.0% $588.077 $79.380 13.5% $32.166 68.1%

6 municipalities increased their reliance on personal property, 3 decreased.

Source: Michigan State Tax Commission, 1988 and 1998 Taxable Valuations.