Exchange Currency

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).

Related information about mill rate:
  1. 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 ...
     
  2. 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 ...
     
  3. 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 ...
     
  4. 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).
     
  5. 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 ...
     
  6. 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 ...
     
  7. 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 ...
     
  8. 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 ...