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CRC Online Almanac |
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.