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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.