CRC Online Almanac

Reliance on Personal Property Taxation

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

Mackinac 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
Bois Blanc Twp	$6.515	$0.140	2.1%	$14.928	$0.189	1.3%	$0.049	35.2%
Brevort Twp	$6.720	$0.763	11.4%	$14.966	$1.412	9.4%	$0.649	85.1%
Clark Twp	$42.451	$2.603	6.1%	$111.072	$5.630	5.1%	$3.027	116.3%
Garfield Twp	$26.686	$6.334	23.7%	$45.573	$9.356	20.5%	$3.022	47.7%
Hendricks Twp	$2.947	$1.154	39.2%	$6.138	$3.207	52.3%	$2.053	177.8%
Hudson Twp	$4.535	$2.277	50.2%	$6.985	$2.090	29.9%	$ (0.187)	-8.2%
Mackinac Island City	$40.022	$6.985	17.5%	$112.819	$20.985	18.6%	$14.000	200.4%
Marquette Twp	$7.479	$0.289	3.9%	$14.046	$0.413	2.9%	$0.124	42.7%
Moran Twp	$28.723	$9.577	33.3%	$53.622	$16.655	31.1%	$7.077	73.9%
Newton Twp	$11.848	$3.740	31.6%	$21.464	$8.164	38.0%	$4.424	118.3%
Portage Twp	$16.138	$0.441	2.7%	$34.354	$0.718	2.1%	$0.277	62.7%
St Ignace City	$30.735	$2.566	8.3%	$59.617	$4.435	7.4%	$1.869	72.9%
St. Ignace Twp	$7.814	$0.827	10.6%	$16.097	$1.230	7.6%	$0.404	48.8%
Totals	$232.611	$37.696	16.2%	$511.681	$74.485	14.6%	$36.789	97.6%

3 municipalities increased their reliance on personal property, 10 decreased.