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Reliance on Personal Property Taxation

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

Bay 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
Auburn City $18.367 $1.592 8.7% $32.026 $1.736 5.4% $0.144 9.0%
Bangor Charter Twp $182.973 $20.095 11.0% $332.902 $42.503 12.8% $22.408 111.5%
Bay City $286.216 $36.926 12.9% $453.168 $68.926 15.2% $32.000 86.7%
Beaver Twp $25.731 $1.235 4.8% $42.019 $1.595 3.8% $0.360 29.1%
Essexville City $41.093 $2.866 7.0% $64.185 $3.441 5.4% $0.574 20.0%
Frankenlust Twp $43.171 $2.777 6.4% $72.902 $4.595 6.3% $1.819 65.5%
Fraser Twp $35.412 $2.309 6.5% $57.775 $4.199 7.3% $1.890 81.9%
Garfield Twp $15.242 $0.653 4.3% $23.782 $1.167 4.9% $0.514 78.8%
Gibson Twp $11.221 $0.658 5.9% $16.210 $2.052 12.7% $1.394 211.9%
Hampton Charter Twp $338.105 $18.395 5.4% $365.305 $19.429 5.3% $1.033 5.6%
Kawkawlin Twp $51.440 $3.838 7.5% $88.639 $5.677 6.4% $1.839 47.9%
Merritt Twp $25.106 $1.922 7.7% $35.263 $2.379 6.7% $0.456 23.7%
Midland City $3.732 $0.350 9.4% $4.226 $0.522 12.4% $0.172 49.1%
Monitor Charter Twp $111.896 $11.324 10.1% $209.932 $30.185 14.4% $18.861 166.6%
Mt. Forest Twp $12.465 $0.723 5.8% $20.247 $1.139 5.6% $0.416 57.5%
Pinconning City $13.753 $1.995 14.5% $20.790 $3.911 18.8% $1.916 96.1%
Pinconning Twp $26.634 $1.543 5.8% $40.947 $3.092 7.5% $1.549 100.4%
Portsmouth Charter Twp $37.334 $2.444 6.5% $58.855 $3.666 6.2% $1.221 50.0%
Williams Charter Twp $62.527 $15.209 24.3% $103.965 $19.970 19.2% $4.762 31.3%
Totals $1,342.417 $126.854 9.4% $2,043.139 $220.183 10.8% $93.330 73.6%

8 municipalities increased their reliance on personal property, 11 decreased.

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