CRC Online Almanac

Reliance on Personal Property Taxation

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

Gladwin 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
Beaverton City	$8.661	$1.639	18.9%	$11.670	$2.592	22.2%	$0.952	58.1%
Beaverton Twp	$13.892	$1.054	7.6%	$23.402	$2.372	10.1%	$1.318	125.0%
Bentley Twp	$6.391	$0.631	9.9%	$11.095	$0.661	6.0%	$0.030	4.8%
Billings Twp	$29.629	$1.124	3.8%	$57.333	$2.015	3.5%	$0.891	79.2%
Bourret Twp	$6.007	$0.162	2.7%	$13.949	$0.418	3.0%	$0.256	157.8%
Buckeye Twp	$12.850	$2.169	16.9%	$19.670	$1.655	8.4%	$ (0.514)	-23.7%
Butman Twp	$32.096	$1.153	3.6%	$73.588	$3.038	4.1%	$1.885	163.5%
Clement Twp	$15.184	$0.395	2.6%	$32.155	$1.148	3.6%	$0.753	190.3%
Gladwin City	$25.091	$5.245	20.9%	$41.351	$7.831	18.9%	$2.586	49.3%
Gladwin Twp	$9.355	$0.416	4.4%	$14.575	$0.802	5.5%	$0.386	92.9%
Grim Twp	$2.667	$0.180	6.8%	$3.791	$0.255	6.7%	$0.075	41.7%
Grout Twp	$14.221	$0.857	6.0%	$21.146	$1.477	7.0%	$0.619	72.3%
Hay Twp	$14.363	$0.458	3.2%	$28.131	$0.709	2.5%	$0.251	54.7%
Sage Twp	$24.896	$1.321	5.3%	$44.058	$2.237	5.1%	$0.915	69.3%
Secord Twp	$23.027	$0.541	2.3%	$49.868	$0.948	1.9%	$0.407	75.2%
Sherman Twp	$10.914	$0.495	4.5%	$19.412	$1.223	6.3%	$0.728	147.1%
Tobacco Twp	$25.667	$1.430	5.6%	$52.488	$2.136	4.1%	$0.706	49.4%
Totals	$274.912	$19.271	7.0%	$517.681	$31.517	6.1%	$12.245	63.5%

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