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Reliance on Personal Property Taxation

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

Ogemaw 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
Churchill Twp $18.828 $0.693 3.7% $39.488 $2.128 5.4% $1.435 207.2%
Cumming Twp $11.038 $0.566 5.1% $17.550 $1.023 5.8% $0.457 80.7%
Edwards Twp $12.577 $0.754 6.0% $22.333 $1.082 4.8% $0.328 43.5%
Foster Twp $15.466 $2.594 16.8% $24.390 $2.258 9.3% $ (0.335) -12.9%
Goodar Twp $8.683 $0.217 2.5% $16.018 $0.536 3.3% $0.318 146.4%
Hill Twp $32.360 $0.607 1.9% $59.975 $1.314 2.2% $0.707 116.5%
Horton Twp $9.835 $1.272 12.9% $20.357 $3.284 16.1% $2.012 158.1%
Klacking Twp $6.650 $1.047 15.7% $13.049 $1.425 10.9% $0.379 36.2%
Logan Twp $9.117 $0.483 5.3% $14.950 $0.764 5.1% $0.281 58.2%
Mills Twp $34.998 $1.290 3.7% $59.215 $2.724 4.6% $1.434 111.2%
Ogemaw Twp $10.794 $0.537 5.0% $20.070 $2.082 10.4% $1.545 287.9%
Richland Twp $11.177 $0.448 4.0% $19.261 $0.978 5.1% $0.530 118.2%
Rose City $6.953 $1.813 26.1% $9.575 $3.303 34.5% $1.490 82.2%
Rose Twp $16.292 $1.224 7.5% $27.686 $1.501 5.4% $0.277 22.6%
West Branch City $20.903 $4.217 20.2% $40.071 $8.805 22.0% $4.588 108.8%
West Branch Twp $34.785 $9.059 26.0% $66.424 $15.119 22.8% $6.060 66.9%
Totals $260.456 $26.820 10.3% $470.413 $48.326 10.3% $21.505 80.2%

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

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