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CRC Online Almanac

Reliance on Personal Property Taxation

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

Alger 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
Au Train Twp $15.279 $1.522 10.0% $27.907 $2.221 8.0% $0.699 45.9%
Burt Twp $9.857 $0.251 2.6% $21.155 $0.606 2.9% $0.355 141.1%
Grand Island Twp $0.622 $0.144 23.2% $1.687 $0.226 13.4% $0.082 56.6%
Limestone Twp $4.220 $0.190 4.5% $7.265 $0.316 4.3% $0.127 66.8%
Mathias Twp $6.284 $0.311 5.0% $9.956 $0.572 5.7% $0.260 83.6%
Munising City $24.628 $5.856 23.8% $45.766 $13.786 30.1% $7.930 135.4%
Munising Twp $19.215 $3.080 16.0% $39.012 $4.967 12.7% $1.887 61.3%
Onato Twp $5.446 $0.188 3.5% $14.170 $0.331 2.3% $0.144 76.4%
Rock River Twp $10.050 $1.278 12.7% $16.459 $1.733 10.5% $0.455 35.6%
Totals $95.601 $12.820 13.4% $183.377 $24.757 13.5% $11.937 93.1%

3 municipalities increased their reliance on personal property, 6 decreased.

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