CRC Online Almanac

Reliance on Personal Property Taxation

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

Leelanau 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
Bingham Twp	$36.501	$1.034	2.8%	$81.290	$2.212	2.7%	$1.178	113.9%
Centerville Twp	$18.698	$0.474	2.5%	$41.881	$1.654	3.9%	$1.180	249.0%
Cleveland Twp	$27.665	$1.376	5.0%	$54.549	$3.559	6.5%	$2.184	158.7%
Elmwood Charter Twp	$65.138	$4.071	6.2%	$136.204	$7.266	5.3%	$3.195	78.5%
Empire Twp	$30.067	$0.719	2.4%	$72.863	$1.913	2.6%	$1.195	166.2%
Glen Arbor Twp	$69.583	$1.517	2.2%	$166.851	$2.333	1.4%	$0.816	53.8%
Kasson Twp	$16.939	$1.104	6.5%	$40.217	$3.624	9.0%	$2.520	228.2%
Leelanau Twp	$74.938	$1.560	2.1%	$188.247	$4.975	2.6%	$3.415	219.0%
Leland Twp	$72.654	$1.313	1.8%	$194.568	$3.693	1.9%	$2.379	181.2%
Solon Twp	$18.297	$0.378	2.1%	$42.509	$0.970	2.3%	$0.592	156.7%
Suttons Bay Twp	$39.785	$1.902	4.8%	$103.301	$3.406	3.3%	$1.504	79.1%
Traverse City	N/A	N/A	N/A	$5.304	$0.503	9.5%	N/A	N/A
Totals	$470.265	$15.447	3.3%	$1,127.785	$36.108	3.2%	$20.661	133.8%

7 municipalities increased their reliance on personal property, 5 decreased.