CRC Online Almanac

Reliance on Personal Property Taxation

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

Emmet 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
Bear Creek Twp	$90.548	$4.995	5.5%	$200.037	$17.301	8.6%	$12.306	246.4%
Bliss Twp	$6.378	$0.208	3.3%	$12.270	$0.352	2.9%	$0.144	69.0%
Carp Lake Twp	$10.280	$0.999	9.7%	$22.294	$3.266	14.6%	$2.267	226.9%
Center Twp	$5.540	$0.440	7.9%	$10.534	$0.766	7.3%	$0.326	74.1%
Cross Village Twp	$8.842	$0.363	4.1%	$29.166	$0.325	1.1%	$ (0.038)	-10.5%
Friendship Twp	$15.172	$0.420	2.8%	$44.023	$0.734	1.7%	$0.315	75.0%
Harbor Springs City	$47.366	$1.374	2.9%	$121.694	$2.004	1.6%	$0.630	45.9%
Littlefield Twp	$24.876	$1.530	6.2%	$55.335	$4.110	7.4%	$2.580	168.6%
Little Traverse Twp	$62.806	$8.492	13.5%	$134.996	$14.655	10.9%	$6.162	72.6%
Maple River Twp	$10.348	$1.069	10.3%	$24.318	$3.119	12.8%	$2.050	191.8%
McKinley Twp	$9.635	$1.574	16.3%	$15.916	$4.061	25.5%	$2.487	158.0%
Petoskey City	$96.374	$9.129	9.5%	$219.322	$17.193	7.8%	$8.064	88.3%
Pleasantview Twp	$22.314	$1.790	8.0%	$64.272	$4.759	7.4%	$2.969	165.9%
Readmond Twp	$14.660	$0.460	3.1%	$42.178	$0.945	2.2%	$0.485	105.5%
Resort Twp	$41.320	$1.694	4.1%	$124.768	$7.787	6.2%	$6.093	359.7%
Springvale Twp	$16.019	$0.886	5.5%	$40.270	$3.088	7.7%	$2.202	248.4%
Wawatam Twp	$20.933	$6.110	29.2%	$36.164	$8.976	24.8%	$2.866	46.9%
West Traverse Twp	$58.498	$6.448	11.0%	$174.107	$11.727	6.7%	$5.278	81.9%
Totals	$561.910	$47.982	8.5%	$1,371.665	$105.168	7.7%	$57.186	119.2%

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