|
CRC Online Almanac |
Reliance on Personal Property Taxation
(1988 State Equalized Value and 1998 Taxable Value in millions of dollars)
Kent 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 |
| Ada Twp | $154.163 | $25.511 | 16.5% | $507.618 | $98.122 | 19.3% | $72.610 | 284.6% |
| Algoma Twp | $57.282 | $3.177 | 5.5% | $174.164 | $8.679 | 5.0% | $5.502 | 173.2% |
| Alpine Charter Twp | $108.695 | $8.685 | 8.0% | $271.366 | $19.062 | 7.0% | $10.377 | 119.5% |
| Bowne Twp | $29.419 | $1.611 | 5.5% | $82.316 | $6.665 | 8.1% | $5.054 | 313.6% |
| Byron Twp | $149.237 | $16.772 | 11.2% | $445.714 | $51.623 | 11.6% | $34.852 | 207.8% |
| Caledonia Charter Twp | $85.517 | $4.768 | 5.6% | $267.300 | $17.490 | 6.5% | $12.721 | 266.8% |
| Cannon Twp | $105.745 | $4.596 | 4.3% | $339.499 | $9.786 | 2.9% | $5.190 | 112.9% |
| Cascade Charter Twp | $401.759 | $51.290 | 12.8% | $947.400 | $110.718 | 11.7% | $59.428 | 115.9% |
| Cedar Springs City | $17.517 | $2.010 | 11.5% | $40.750 | $7.047 | 17.3% | $5.036 | 250.5% |
| Courtland Twp | $46.314 | $1.505 | 3.2% | $137.285 | $3.865 | 2.8% | $2.360 | 156.8% |
| East Grand Rapids City | $194.776 | $4.066 | 2.1% | $368.923 | $6.020 | 1.6% | $1.954 | 48.1% |
| Gaines Charter Twp | $119.051 | $7.264 | 6.1% | $387.461 | $24.614 | 6.4% | $17.350 | 238.9% |
| Grand Rapids Charter Twp | $177.464 | $12.503 | 7.0% | $474.483 | $24.396 | 5.1% | $11.893 | 95.1% |
| Grand Rapids City | $1,929.484 | $293.343 | 15.2% | $3,352.725 | $458.777 | 13.7% | $165.433 | 56.4% |
| Grandville City | $213.680 | $21.058 | 9.9% | $432.240 | $52.049 | 12.0% | $30.992 | 147.2% |
| Grattan Twp | $36.099 | $0.687 | 1.9% | $94.679 | $3.082 | 3.3% | $2.395 | 348.5% |
| Kentwood City | $602.128 | $88.300 | 14.7% | $1,419.397 | $244.124 | 17.2% | $155.824 | 176.5% |
| Lowell Charter Twp | $43.743 | $1.817 | 4.2% | $101.986 | $4.130 | 4.0% | $2.313 | 127.3% |
| Lowell City | $42.990 | $9.313 | 21.7% | $87.735 | $15.105 | 17.2% | $5.793 | 62.2% |
| Nelson Twp | $28.694 | $1.268 | 4.4% | $72.161 | $3.010 | 4.2% | $1.742 | 137.4% |
| Oakfield Twp | $35.435 | $1.148 | 3.2% | $101.268 | $2.742 | 2.7% | $1.594 | 138.9% |
| Plainfield Charter Twp | $291.857 | $23.421 | 8.0% | $699.179 | $48.661 | 7.0% | $25.240 | 107.8% |
| Rockford City | $41.960 | $7.501 | 17.9% | $117.374 | $20.465 | 17.4% | $12.964 | 172.8% |
| Solon Twp | $30.525 | $2.895 | 9.5% | $82.243 | $4.111 | 5.0% | $1.216 | 42.0% |
| Sparta Twp | $82.781 | $10.906 | 13.2% | $166.718 | $19.609 | 11.8% | $8.703 | 79.8% |
| Spencer Twp | $27.267 | $0.807 | 3.0% | $73.433 | $2.939 | 4.0% | $2.132 | 264.2% |
| Tyrone Twp | $35.355 | $2.556 | 7.2% | $73.247 | $5.683 | 7.8% | $3.127 | 122.3% |
| Vergennes Twp | $37.677 | $5.842 | 15.5% | $107.800 | $11.843 | 11.0% | $6.002 | 102.7% |
| Walker City | $279.797 | $63.076 | 22.5% | $653.932 | $115.128 | 17.6% | $52.052 | 82.5% |
| Wyoming City | $871.830 | $157.469 | 18.1% | $1,567.304 | $253.860 | 16.2% | $96.392 | 61.2% |
| Total | $6,278.238 | $835.163 | 13.3% | $13,647.702 | $1,653.403 | 12.1% | $818.240 | 98.0% |
11 municipalities increased their reliance on personal property and 19 decreased.
Source: Michigan State Tax Commission, 1988 and 1998 Taxable Valuations.