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CRC Online Almanac |
Reliance on Personal Property Taxation
(1988 State Equalized Value and 1998 Taxable Value in millions of dollars)
Lapeer 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 |
| Almont Twp | $53.675 | $2.904 | 5.4% | $128.635 | $10.704 | 8.3% | $7.800 | 268.6% |
| Arcadia Twp | $25.985 | $1.260 | 4.8% | $58.000 | $3.086 | 5.3% | $1.825 | 144.9% |
| Attica Twp | $39.998 | $3.219 | 8.0% | $87.526 | $8.042 | 9.2% | $4.823 | 149.8% |
| Brown City | $0.006 | $0.000 | N/A | $0.071 | $0.000 | N/A | N/A | N/A |
| Burlington Twp | $15.200 | $0.746 | 4.9% | $23.025 | $2.076 | 9.0% | $1.330 | 178.3% |
| Burnside Twp | $21.376 | $1.566 | 7.3% | $35.464 | $2.397 | 6.8% | $0.831 | 53.1% |
| Deerfield Twp | $43.585 | $1.627 | 3.7% | $93.039 | $5.678 | 6.1% | $4.052 | 249.1% |
| Dryden Twp | $50.842 | $3.194 | 6.3% | $123.066 | $5.476 | 4.4% | $2.282 | 71.5% |
| Elba Twp | $52.099 | $1.980 | 3.8% | $122.820 | $6.488 | 5.3% | $4.508 | 227.7% |
| Goodland Twp | $17.728 | $0.903 | 5.1% | $34.798 | $1.804 | 5.2% | $0.901 | 99.7% |
| Hadley Twp | $51.271 | $2.149 | 4.2% | $126.542 | $3.666 | 2.9% | $1.517 | 70.6% |
| Imlay City | $31.238 | $4.436 | 14.2% | $66.939 | $16.041 | 24.0% | $11.605 | 261.6% |
| Imlay Twp | $26.758 | $2.186 | 8.2% | $53.811 | $6.786 | 12.6% | $4.600 | 210.4% |
| Lapeer City | $82.464 | $12.991 | 15.8% | $155.348 | $32.743 | 21.1% | $19.752 | 152.0% |
| Lapeer Twp | $56.563 | $3.811 | 6.7% | $117.418 | $7.224 | 6.2% | $3.413 | 89.6% |
| Marathon Twp | $36.443 | $3.455 | 9.5% | $61.313 | $2.904 | 4.7% | $ (0.551) | -15.9% |
| Mayfield Twp | $70.990 | $8.035 | 11.3% | $130.443 | $11.558 | 8.9% | $3.523 | 43.8% |
| Metamora Twp | $53.776 | $2.516 | 4.7% | $139.730 | $6.267 | 4.5% | $3.751 | 149.1% |
| North Branch Twp | $27.746 | $1.750 | 6.3% | $52.276 | $3.181 | 6.1% | $1.431 | 81.8% |
| Oregon Twp | $58.785 | $3.810 | 6.5% | $109.566 | $4.474 | 4.1% | $0.664 | 17.4% |
| Rich Twp | $16.614 | $3.261 | 19.6% | $25.031 | $4.232 | 16.9% | $0.971 | 29.8% |
| Totals | $833.143 | $65.800 | 7.9% | $1,744.859 | $144.828 | 8.3% | $79.029 | 120.1% |
10 municipalities increased their reliance on personal property, 10 decreased.
Source: Michigan State Tax Commission, 1988 and 1998 Taxable Valuations.