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Reliance on Personal Property Taxation

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

Arenac 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
Adams Twp $5.669 $0.775 13.7% $8.616 $1.234 14.3% $0.460 59.3%
Arenac Twp $9.274 $0.363 3.9% $13.842 $0.717 5.2% $0.354 97.6%
Au Gres City $14.595 $1.225 8.4% $28.269 $2.611 9.2% $1.386 113.1%
Au Gres Twp $17.239 $1.340 7.8% $28.203 $1.802 6.4% $0.462 34.5%
Clayton Twp $9.324 $0.567 6.1% $15.842 $1.858 11.7% $1.291 227.6%
Deep River Twp $19.971 $1.565 7.8% $31.431 $1.760 5.6% $0.195 12.5%
Lincoln Twp $11.476 $0.675 5.9% $14.994 $0.942 6.3% $0.266 39.4%
Mason Twp $7.779 $0.293 3.8% $9.970 $0.607 6.1% $0.315 107.4%
Moffatt Twp $14.319 $0.922 6.4% $26.922 $2.047 7.6% $1.125 121.9%
Omer City $2.218 $0.146 6.6% $3.263 $0.237 7.3% $0.091 62.2%
Sims Twp $26.464 $0.917 3.5% $51.804 $1.535 3.0% $0.618 67.4%
Standish City $16.220 $2.353 14.5% $25.517 $5.679 22.3% $3.327 141.4%
Standish Twp $17.128 $0.696 4.1% $26.387 $1.173 4.4% $0.478 68.7%
Turner Twp $9.367 $1.202 12.8% $11.809 $1.566 13.3% $0.364 30.2%
Whitney Twp $22.613 $0.759 3.4% $43.044 $1.586 3.7% $0.827 109.0%
Totals $203.655 $13.798 6.8% $339.913 $25.355 7.5% $11.557 83.8%

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

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