Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the millage rate?

millage rate
0
Posted

What is the millage rate?

0 CommentsAdd a Comment

1 Answer

0

Each governing body that levies property taxes sets its own millage rate annually. Usually, a city charter or a vote of the electorate has determined the maximum number of mills each governing body can levy. A mill represents $1 per $1000 of taxable value.

0 CommentsAdd a Comment

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.