CRC Online Almanac

Reliance on Personal Property Taxation

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

Benzie 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
Almira Twp	$19.819	$0.414	2.1%	$55.524	$2.457	4.4%	$2.043	493.7%
Benzonia Twp	$50.818	$2.743	5.4%	$102.784	$5.015	4.9%	$2.272	82.8%
Blaine Twp	$10.939	$0.217	2.0%	$20.384	$0.331	1.6%	$0.114	52.4%
Colfax Twp	$4.579	$0.584	12.8%	$8.933	$0.746	8.3%	$0.161	27.6%
Crystal Lake Twp	$35.060	$0.553	1.6%	$76.272	$1.279	1.7%	$0.726	131.3%
Frankfort City	$20.805	$1.893	9.1%	$42.672	$2.567	6.0%	$0.674	35.6%
Gilmore Twp	$8.143	$0.880	10.8%	$15.750	$2.592	16.5%	$1.712	194.5%
Homestead Twp	$13.237	$0.558	4.2%	$29.655	$1.363	4.6%	$0.805	144.2%
Inland Twp	$8.372	$0.307	3.7%	$20.339	$1.151	5.7%	$0.844	275.4%
Joyfield Twp	$7.737	$0.713	9.2%	$12.865	$0.901	7.0%	$0.188	26.4%
Lake Twp	$42.644	$0.569	1.3%	$99.380	$1.263	1.3%	$0.694	121.9%
Platte Twp	$3.935	$0.117	3.0%	$6.965	$0.360	5.2%	$0.243	206.9%
Weldon Twp	$9.720	$0.395	4.1%	$29.149	$1.521	5.2%	$1.126	284.9%
Totals	$235.807	$9.944	4.2%	$520.673	$21.546	4.1%	$11.602	116.7%

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