millage

Property tax rate

Millage is a tax rate expressed in mills per dollar of assessed property value, where one mill equals one-tenth of a cent.

A school district might levy a millage of 18 mills, meaning property owners pay $18 per $1,000 of assessed value.

Voters approved a millage increase to fund road repairs.

The term appears most often in local government and property tax contexts.

taxation

levy

Compulsory government charge

valuation · appraisal · homeowner · taxpayer · school district · municipality · county · real estate · parcel · homestead

revenue

allocation

Distribution of shares

appropriation · funding · treasury · deficit · surplus · finances · government spending · public funding · tax base · collection

confusion

odometer

Vehicle distance recorder

Categories
Opposites
tax calculation method

millageflat fee

Unchanging service charge

flat rate · flat tax · head tax · poll tax · fixed charge

tax basis

millageincome tax

Government charge on earnings

sales tax · excise tax · consumption tax · payroll tax · tariff

Family

mill, windmill, miller, mileage, milling, mills, millennium, milled, millimeter

Familiarity
Top 1,000,000
Profile
Mostly American · Timeless · Abstract · Rated G