CRC Online Almanac

Reliance on Personal Property Taxation

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

Gratiot 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
Alma City	$80.717	$21.375	26.5%	$124.000	$33.802	27.3%	$12.427	58.1%
Arcada Twp	$18.069	$0.781	4.3%	$30.851	$2.237	7.3%	$1.456	186.4%
Bethany Twp	$17.705	$1.102	6.2%	$26.344	$1.445	5.5%	$0.343	31.2%
Elba Twp	$13.775	$0.544	4.0%	$18.315	$0.782	4.3%	$0.237	43.5%
Emerson Twp	$15.748	$0.582	3.7%	$21.611	$0.833	3.9%	$0.251	43.1%
Fulton Twp	$20.816	$1.243	6.0%	$36.409	$2.114	5.8%	$0.871	70.1%
Hamilton Twp	$7.268	$0.327	4.5%	$8.281	$0.384	4.6%	$0.058	17.6%
Ithaca City	$23.263	$3.411	14.7%	$33.915	$5.911	17.4%	$2.500	73.3%
Lafayette Twp	$12.298	$0.202	1.6%	$19.072	$0.277	1.4%	$0.075	36.9%
Newark Twp	$14.083	$1.090	7.7%	$21.939	$1.667	7.6%	$0.578	53.0%
New Haven Twp	$13.611	$3.274	24.1%	$17.784	$3.302	18.6%	$0.028	0.8%
North Shade Twp	$12.517	$0.293	2.3%	$16.245	$0.964	5.9%	$0.671	229.2%
North Star Twp	$13.513	$0.846	6.3%	$17.156	$1.035	6.0%	$0.189	22.4%
Pine River Twp	$23.566	$3.169	13.4%	$42.351	$5.700	13.5%	$2.531	79.8%
St Louis City	$20.473	$1.582	7.7%	$31.301	$3.243	10.4%	$1.662	105.1%
Seville Twp	$16.289	$0.540	3.3%	$25.286	$1.086	4.3%	$0.546	101.2%
Sumner Twp	$13.430	$1.620	12.1%	$20.797	$1.841	8.9%	$0.221	13.7%
Washington Twp	$12.381	$1.176	9.5%	$14.574	$1.309	9.0%	$0.133	11.3%
Wheeler Twp	$29.273	$3.207	11.0%	$45.118	$6.002	13.3%	$2.795	87.2%
Totals	$378.795	$46.361	12.2%	$571.348	$73.932	12.9%	$27.571	59.5%

11 municipalities increased their reliance on personal property, 8 decreased.