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Reliance on Personal Property Taxation

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

Clare 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
Arthur Twp $8.063 $0.227 2.8% $10.970 $0.464 4.2% $0.237 104.7%
Clare City $33.281 $4.861 14.6% $50.141 $7.659 15.3% $2.798 57.6%
Franklin Twp $9.506 $0.526 5.5% $15.909 $0.766 4.8% $0.240 45.7%
Freeman Twp $13.553 $3.669 27.1% $27.940 $3.284 11.8% $ (0.385) -10.5%
Frost Twp $14.008 $1.280 9.1% $23.608 $1.127 4.8% $ (0.153) -12.0%
Garfield Twp $26.468 $1.749 6.6% $47.598 $2.696 5.7% $0.947 54.1%
Grant Twp $26.418 $1.574 6.0% $44.502 $2.824 6.3% $1.249 79.4%
Greenwood Twp $12.460 $1.204 9.7% $23.053 $4.212 18.3% $3.008 249.7%
Hamilton Twp $21.825 $2.882 13.2% $35.097 $2.851 8.1% $ (0.031) -1.1%
Harrison City $18.389 $1.380 7.5% $31.862 $3.097 9.7% $1.718 124.5%
Hatton Twp $8.935 $0.477 5.3% $14.611 $1.355 9.3% $0.878 184.0%
Hayes Twp $37.250 $2.390 6.4% $58.420 $3.700 6.3% $1.310 54.8%
Lincoln Twp $38.946 $16.441 42.2% $62.170 $21.777 35.0% $5.336 32.5%
Redding Twp $6.070 $0.966 15.9% $9.851 $2.426 24.6% $1.460 151.1%
Sheridan Twp $10.879 $0.559 5.1% $16.046 $0.988 6.2% $0.429 76.9%
Summerfield Twp $7.602 $2.455 32.3% $12.451 $3.942 31.7% $1.487 60.6%
Surrey Twp $33.304 $5.996 18.0% $58.474 $9.977 17.1% $3.981 66.4%
Winterfield Twp $15.379 $9.578 62.3% $24.894 $16.195 65.1% $6.616 69.1%
Totals $342.334 $58.213 17.0% $567.597 $89.338 15.7% $31.125 53.5%

9 municipalities increased their reliance on personal property, 9 decreased.

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