![]() |
CRC Online Almanac |
Reliance on Personal Property Taxation
(1988 State Equalized Value and 1998 Taxable Value in millions of dollars)
Schoolcraft 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 |
| Doyle Twp | $8.713 | $1.261 | 14.5% | $19.074 | $3.251 | 17.0% | $1.990 | 157.8% |
| Germfask Twp | $3.881 | $0.252 | 6.5% | $6.191 | $0.304 | 4.9% | $0.052 | 20.6% |
| Hiawatha Twp | $14.830 | $1.215 | 8.2% | $29.108 | $3.128 | 10.7% | $1.914 | 157.6% |
| Inwood Twp | $8.866 | $1.112 | 12.5% | $18.114 | $3.647 | 20.1% | $2.535 | 227.9% |
| Manistique City | $25.982 | $5.734 | 22.1% | $42.025 | $12.175 | 29.0% | $6.441 | 112.3% |
| Manistique Twp | $8.603 | $1.339 | 15.6% | $19.663 | $4.836 | 24.6% | $3.497 | 261.2% |
| Mueller Twp | $9.870 | $3.578 | 36.2% | $18.737 | $7.362 | 39.3% | $3.785 | 105.8% |
| Seney Twp | $3.677 | $0.293 | 8.0% | $5.892 | $0.461 | 7.8% | $0.168 | 57.2% |
| Thompson Twp | $8.966 | $1.103 | 12.3% | $19.975 | $2.801 | 14.0% | $1.698 | 154.0% |
| Totals | $93.388 | $15.886 | 17.0% | $178.779 | $37.966 | 21.2% | $22.080 | 139.0% |
7 municipalities increased their reliance on personal property, 2 decreased.
Source: Michigan State Tax Commission, 1988 and 1998 Taxable Valuations.