Mill
A “mill” is 1/1,000 of a dollar, or $1 for each $1,000 of assessed value. A mill is used to calculate a property’s millage rate.
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A “mill” is 1/1,000 of a dollar, or $1 for each $1,000 of assessed value. A mill is used to calculate a property’s millage rate.
« Back to Glossary Index