What is the value of a mill and does it change?

The value of a mill is always one tenth of a cent, or one thousandth of a dollar; for example, a tax rate of 300 mills translates to $0.30 tax per $1 of assessed value.

This is true for all types of property.

Show All Answers

1. How does the property tax system work?
2. What do you mean by assessment ratio?
3. If I mail my tax payment, what is the last date it can be postmarked before being considered late?
4. Whom do I complain to about high taxes?
5. What is the value of a mill and does it change?
6. How do I apply for a military exemption on my mobile home?