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Reliance on Personal Property Taxation

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

Kalkaska 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 Lake Twp $19.049 $2.132 11.2% $35.895 $6.835 19.0% $4.703 220.6%
Blue Lake Twp $31.407 $16.756 53.4% $77.050 $51.162 66.4% $34.406 205.3%
Boardman Twp $12.062 $2.879 23.9% $16.843 $2.450 14.5% $ (0.429) -14.9%
Clearwater Twp $28.117 $0.932 3.3% $55.863 $1.654 3.0% $0.722 77.5%
Coldsprings Twp $29.433 $9.255 31.4% $41.036 $6.443 15.7% $ (2.811) -30.4%
Excelsior Twp $21.729 $12.169 56.0% $24.568 $9.580 39.0% $ (2.589) -21.3%
Garfield Twp $14.743 $1.766 12.0% $24.388 $5.921 24.3% $4.155 235.2%
Kalkaska Twp $67.311 $21.772 32.3% $112.646 $37.718 33.5% $15.945 73.2%
Oliver Twp $4.837 $0.142 2.9% $6.672 $0.206 3.1% $0.064 44.9%
Orange Twp $10.160 $0.740 7.3% $15.248 $1.372 9.0% $0.632 85.4%
Rapid River Twp $21.869 $12.711 58.1% $24.981 $9.659 38.7% $ (3.052) -24.0%
Springfield Twp $12.797 $1.179 9.2% $19.956 $1.110 5.6% $ (0.069) -5.8%
Totals $273.513 $82.433 30.1% $455.147 $134.110 29.5% $51.678 62.7%

6 municipalities increased their reliance on personal property, 6 decreased.

Source: Michigan State Tax Commission, 1988 and 1998 Taxable Valuations.