The tax per dollar of assessed value of property. The rate is expressed in "mills", where one mill is one-tenth of a cent ($0.001).
Related information about mill rate:
- Mill Rate Definition | Investopedia
The amount of tax payable per dollar of the assessed value of a property. The mill rate is based on "mills"; as each mill is one-thousandth of a currency unit, one ...
- Property tax - Wikipedia, the free encyclopedia
To calculate the property tax, the authority will multiply the assessed value of the property by the mill rate and then divide by 1,000. For example, a property with ...
- OPM: Mill Rates
Sep 25, 2012 ... To calculate the property tax, multiply the assessment of the property by the mill rate and divide by 1,000. For example, a property with a ...
- What is mill rate? definition and meaning
Definition of mill rate: The tax per dollar of assessed value of property. The rate is expressed in mills, where one mill is one-tenth of a cent ($0.001).
- City of La Crosse, WI - Official Website - Mill Rate
Equalized Ratio: Each year the Department of Revenue analyzes the sales of properties in each assessment jurisdiction. The average ratio of assessed value to ...
- Mill Rate - Town of Coventry, Connecticut
The total assessed value is multiplied by the mill rate (assessed value x .027). The assessed value is 70% of the value that is determined on the year of the ...
- Mill Rate - Financial Dictionary - The Free Dictionary
The way a property tax assessment is expressed. It is called the mill rate because it is expressed in mills (one tenth of one cent) per dollar. The mill rate is the ...
- Mill rate - definition of Mill rate by the Free Online Dictionary ...
A tax levied against the owner of real or personal property. ThesaurusLegend: Synonyms Related Words Antonyms. Noun, 1. property tax - a capital tax on ...