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Reliance on Personal Property Taxation

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

Presque Isle 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
Allis Twp $10.185 $1.534 15.1% $14.998 $1.658 11.1% $0.124 8.1%
Bearinger Twp $10.830 $0.142 1.3% $21.680 $0.375 1.7% $0.233 163.6%
Belknap Twp $10.117 $1.444 14.3% $13.054 $1.045 8.0% $ (0.400) -27.7%
Bismarck Twp $12.489 $1.752 14.0% $17.510 $1.231 7.0% $ (0.521) -29.7%
Case Twp $15.009 $2.162 14.4% $20.563 $1.742 8.5% $ (0.420) -19.4%
Krakow Twp $15.167 $0.429 2.8% $29.897 $0.713 2.4% $0.284 66.3%
Metz Twp $5.288 $0.137 2.6% $7.449 $0.172 2.3% $0.035 25.8%
Moltke Twp $4.769 $0.138 2.9% $6.912 $0.486 7.0% $0.347 251.4%
North Allis Twp $7.512 $0.265 3.5% $12.530 $0.458 3.7% $0.193 72.9%
Ocqueoc Twp $13.132 $0.417 3.2% $24.343 $0.629 2.6% $0.211 50.6%
Onaway City $7.415 $0.381 5.1% $10.123 $0.705 7.0% $0.324 84.9%
Posen Twp $10.714 $0.668 6.2% $15.070 $0.884 5.9% $0.216 32.4%
Presque Isle Twp $39.058 $5.064 13.0% $87.315 $10.976 12.6% $5.912 116.7%
Pulawske Twp $8.388 $1.772 21.1% $11.204 $1.983 17.7% $0.212 12.0%
Rogers City $37.771 $5.263 13.9% $48.085 $6.321 13.1% $1.058 20.1%
Rogers Twp $16.372 $3.216 19.6% $27.350 $3.285 12.0% $0.069 2.1%
Totals $224.216 $24.785 11.1% $368.083 $32.663 8.9% $7.878 31.8%

4 municipalities increased their reliance on personal property, 12 decreased.

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