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CRC Online Almanac

Reliance on Personal Property Taxation

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

Dickinson 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
Breen Twp $6.063 $0.666 11.0% $9.661 $2.541 26.3% $1.876 281.7%
Breitung Charter Twp $70.434 $8.208 11.7% $147.997 $40.447 27.3% $32.238 392.8%
Felch Twp $9.508 $2.538 26.7% $15.395 $4.954 32.2% $2.416 95.2%
Iron Mountain City $88.473 $8.578 9.7% $146.060 $20.625 14.1% $12.047 140.4%
Kingsford City $64.249 $9.924 15.4% $91.352 $13.243 14.5% $3.320 33.5%
Norway City $25.621 $2.547 9.9% $36.828 $4.055 11.0% $1.509 59.2%
Norway Twp $15.994 $1.250 7.8% $28.620 $2.539 8.9% $1.289 103.2%
Sagola Twp $14.942 $2.307 15.4% $29.551 $8.744 29.6% $6.438 279.1%
Waucedah Twp $12.704 $0.644 5.1% $19.871 $1.868 9.4% $1.224 190.2%
West Branch Twp $3.372 $1.250 37.1% $6.594 $3.752 56.9% $2.501 200.0%
Totals $311.362 $37.911 12.2% $531.929 $102.768 19.3% $64.857 171.1%

9 municipalities increased their reliance on personal property, 1 decreased.

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