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CRC Online Almanac |
Reliance on Personal Property Taxation
(1988 State Equalized Value and 1998 Taxable Value in millions of dollars)
Iosco 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 |
| Alabaster Twp | $17.409 | $2.503 | 14.4% | $34.441 | $4.264 | 12.4% | $1.761 | 70.4% |
| Au Sable Charter Twp | $34.570 | $2.184 | 6.3% | $62.870 | $6.181 | 9.8% | $3.997 | 183.0% |
| Baldwin Twp | $35.584 | $3.935 | 11.1% | $70.361 | $8.610 | 12.2% | $4.676 | 118.8% |
| Burleigh Twp | $9.480 | $0.267 | 2.8% | $14.438 | $0.816 | 5.7% | $0.549 | 205.9% |
| East Tawas City | $32.444 | $1.964 | 6.1% | $52.569 | $2.390 | 4.5% | $0.426 | 21.7% |
| Grant Twp | $22.361 | $2.275 | 10.2% | $43.100 | $2.930 | 6.8% | $0.656 | 28.8% |
| Oscoda Charter Twp | $100.768 | $5.766 | 5.7% | $175.233 | $16.571 | 9.5% | $10.806 | 187.4% |
| Plainfield Twp | $57.154 | $2.085 | 3.6% | $117.864 | $3.851 | 3.3% | $1.766 | 84.7% |
| Reno Twp | $9.268 | $0.708 | 7.6% | $14.079 | $1.460 | 10.4% | $0.752 | 106.1% |
| Sherman Twp | $8.423 | $1.398 | 16.6% | $12.197 | $2.194 | 18.0% | $0.796 | 57.0% |
| Tawas City | $24.386 | $2.057 | 8.4% | $37.699 | $4.402 | 11.7% | $2.345 | 114.0% |
| Tawas Twp | $15.667 | $0.719 | 4.6% | $27.705 | $1.493 | 5.4% | $0.774 | 107.7% |
| Whittemore City | $2.978 | $0.143 | 4.8% | $3.391 | $0.267 | 7.9% | $0.124 | 86.6% |
| Wilber Twp | $11.759 | $0.502 | 4.3% | $18.643 | $0.641 | 3.4% | $0.139 | 27.7% |
| Totals | $382.251 | $26.504 | 6.9% | $684.589 | $56.071 | 8.2% | $29.566 | 111.6% |
9 municipalities increased their reliance on personal property, 5 decreased.
Source: Michigan State Tax Commission, 1988 and 1998 Taxable Valuations.