CRC Online Almanac

Reliance on Personal Property Taxation

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

Iron 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
Bates Twp	$13.047	$1.544	11.8%	$20.295	$3.732	18.4%	$2.188	141.7%
Caspian City	$5.833	$0.458	7.9%	$8.565	$1.147	13.4%	$0.689	150.5%
Crystal Falls City	$11.702	$0.607	5.2%	$14.870	$0.808	5.4%	$0.201	33.1%
Crystal Falls Twp	$28.543	$9.188	32.2%	$53.697	$20.091	37.4%	$10.903	118.7%
Gaastra City	$1.551	$0.096	6.2%	$1.922	$0.139	7.2%	$0.043	44.4%
Hematite Twp	$4.432	$1.008	22.7%	$7.883	$0.606	7.7%	$ (0.401)	-39.8%
Iron River City	$17.674	$2.142	12.1%	$25.453	$4.014	15.8%	$1.872	87.4%
Iron River Twp	$15.501	$2.767	17.9%	$25.664	$7.368	28.7%	$4.601	166.2%
Mansfield Twp	$9.820	$1.060	10.8%	$14.419	$2.969	20.6%	$1.909	180.2%
Mastodon Twp	$21.937	$1.482	6.8%	$33.253	$1.881	5.7%	$0.399	27.0%
Stambaugh City	$8.427	$0.483	5.7%	$9.000	$0.779	8.7%	$0.296	61.2%
Stambaugh Twp	$23.356	$1.794	7.7%	$38.647	$5.055	13.1%	$3.261	181.7%
Totals	$161.823	$22.629	14.0%	$253.669	$48.590	19.2%	$25.961	114.7%

10 municipalities increased their reliance on personal property, 2 decreased.