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CRC Online Almanac |
Reliance on Personal Property Taxation
(1988 State Equalized Value and 1998 Taxable Value in millions of dollars)
Otsego 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 |
| Bagley Twp | $78.323 | $10.514 | 13.4% | $153.725 | $24.725 | 16.1% | $14.211 | 135.2% |
| Charlton Twp | $47.023 | $21.343 | 45.4% | $80.576 | $34.068 | 42.3% | $12.725 | 59.6% |
| Chester Twp | $37.568 | $18.145 | 48.3% | $82.702 | $48.712 | 58.9% | $30.567 | 168.5% |
| Corwith Twp | $22.514 | $2.702 | 12.0% | $36.778 | $4.758 | 12.9% | $2.056 | 76.1% |
| Dover Twp | $12.935 | $1.550 | 12.0% | $29.122 | $7.043 | 24.2% | $5.493 | 354.4% |
| Elmira Twp | $14.580 | $1.195 | 8.2% | $39.982 | $7.496 | 18.7% | $6.301 | 527.5% |
| Gaylord City | $53.673 | $6.430 | 12.0% | $122.914 | $23.236 | 18.9% | $16.806 | 261.4% |
| Hayes Twp | $33.387 | $5.258 | 15.7% | $68.918 | $20.053 | 29.1% | $14.795 | 281.4% |
| Livingston Twp | $28.475 | $5.723 | 20.1% | $58.707 | $14.089 | 24.0% | $8.365 | 146.2% |
| Otsego Lake Twp | $53.900 | $4.468 | 8.3% | $99.783 | $11.791 | 11.8% | $7.323 | 163.9% |
| Totals | $382.377 | $77.330 | 20.2% | $773.207 | $195.971 | 25.3% | $118.641 | 153.4% |
9 municipalities increased their reliance on personal property, 1 decreased.
Source: Michigan State Tax Commission, 1988 and 1998 Taxable Valuations.