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Reliance on Personal Property Taxation

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

Oscoda 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
Big Creek Twp $39.194 $2.584 6.6% $59.902 $4.567 7.6% $1.982 76.7%
Clinton Twp $11.689 $0.327 2.8% $19.323 $2.576 13.3% $2.249 688.1%
Comins Twp $23.550 $2.126 9.0% $37.810 $5.275 14.0% $3.149 148.1%
Elmer Twp $12.094 $0.587 4.9% $22.536 $3.412 15.1% $2.826 481.7%
Greenwood Twp $25.803 $1.656 6.4% $50.282 $4.489 8.9% $2.832 171.0%
Mentor Twp $17.857 $1.596 8.9% $27.282 $3.127 11.5% $1.531 96.0%
Totals $130.187 $8.876 6.8% $217.133 $23.446 10.8% $14.570 164.2%

6 municipalities increased their reliance on personal property, none decreased.

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