When we vote on a mill, what does that mean (1.75 mill levy)?

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When we vote on a mill, what does that mean (1.75 mill levy)?

2007-05-09 02:27:55 · 3 answers · asked by brianjray 1 in Politics & Government ➔ Elections

3 answers

A mill is equal to 1/10 of one cent or 0.1 cent. So if you are voting on something that will increase your property tax, your tax would be $1.00 per $1,000 of accessed value of the property.

Accessed value of $50,000.00 would equal $50.00 in added tax.

2007-05-09 02:38:44 · answer #1 · answered by ♥♥The Queen Has Spoken♥♥ 7 · 1⤊ 0⤋

An increase in property taxes.

2007-05-09 02:34:35 · answer #2 · answered by Anonymous · 0⤊ 0⤋

look here.

2007-05-09 02:33:25 · answer #3 · answered by lazlo76 5 · 0⤊ 0⤋