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CRC Online Almanac |
Reliance on Personal Property Taxation
(1988 State Equalized Value and 1998 Taxable Value in millions of dollars)
Baraga 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 |
| Arvon Twp | $11.097 | $0.142 | 1.3% | $16.954 | $0.330 | 1.9% | $0.188 | 132.5% |
| Baraga Twp | $21.487 | $2.746 | 12.8% | $31.675 | $4.843 | 15.3% | $2.097 | 76.4% |
| Covington Twp | $6.194 | $1.118 | 18.0% | $8.797 | $1.148 | 13.1% | $0.030 | 2.7% |
| L Anse Twp | $35.655 | $2.663 | 7.5% | $53.346 | $6.096 | 11.4% | $3.433 | 128.9% |
| Spurr Twp | $6.127 | $0.901 | 14.7% | $9.468 | $0.744 | 7.9% | $ (0.158) | -17.5% |
| Totals | $80.560 | $7.569 | 9.4% | $120.241 | $13.160 | 10.9% | $5.591 | 73.9% |
3 municipalities increased their reliance on personal property, 2 decreased.
Source: Michigan State Tax Commission, 1988 and 1998 Taxable Valuations.