CRC Online Almanac

Reliance on Personal Property Taxation

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

Houghton 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
Adams Twp	$15.546	$4.175	26.9%	$22.425	$5.789	25.8%	$1.614	38.6%
Calumet Charter Twp	$34.653	$5.733	16.5%	$51.988	$7.659	14.7%	$1.926	33.6%
Chassell Twp	$15.745	$0.646	4.1%	$26.364	$1.160	4.4%	$0.513	79.4%
Duncan Twp	$3.852	$0.715	18.6%	$6.022	$0.755	12.5%	$0.041	5.7%
Elm River Twp	$4.477	$0.559	12.5%	$8.338	$1.522	18.3%	$0.964	172.6%
Franklin Twp	$9.042	$1.812	20.0%	$13.014	$2.103	16.2%	$0.292	16.1%
Hancock City	$32.370	$2.833	8.8%	$47.347	$3.565	7.5%	$0.732	25.8%
Hancock Twp	$3.888	$0.106	2.7%	$8.218	$0.483	5.9%	$0.378	357.4%
Houghton City	$36.476	$3.447	9.4%	$65.418	$7.203	11.0%	$3.756	109.0%
Laird Twp	$5.746	$0.363	6.3%	$8.216	$0.477	5.8%	$0.114	31.4%
Osceola Twp	$11.607	$1.373	11.8%	$16.452	$1.678	10.2%	$0.305	22.2%
Portage Charter Twp	$28.540	$2.586	9.1%	$44.926	$3.378	7.5%	$0.791	30.6%
Quincy Twp	$1.718	$0.445	25.9%	$2.651	$0.445	16.8%	$0.000	0.1%
Schoolcraft Twp	$10.230	$0.853	8.3%	$16.088	$1.017	6.3%	$0.164	19.2%
Stanton Twp	$10.292	$0.561	5.5%	$17.210	$0.858	5.0%	$0.297	52.9%
Torch Lake Twp	$18.985	$1.409	7.4%	$37.465	$2.513	6.7%	$1.104	78.3%
Totals	$243.164	$27.615	11.4%	$392.142	$40.605	10.4%	$12.990	47.0%

4 municipalities increased their reliance on personal property, 12 decreased.