What is a Mill Rate?
A Mill Rate is the property tax rate expressed in tenths of a cent per dollar of assessed valuation.
How is a Mill Rate calculated?
The Mill Rate is approximately equal to 1000 X (Total Proposed Expenditures – All Other Revenue and Funding) / (Adjusted Grand List Value)
What is the current Mill Rate?
The current MILL Rate is listed on the Assessor's Page. Click here to view