Definition of millage
: a rate (as of taxation) expressed in mills per dollar
Recent Examples of millage from the Web
The RTA board is weighing whether to try for another millage at the polls in 2018 or 2020.
So, due to inflation over the years, the effective rate of the existing levies has dropped to .88 mills - about half the millage approved by voters decades ago.
Kovack has sought training in topics including valuation, millage and tax levies; budget commission and rate setting; trends in property valuation; ethics; and substance abuse.
However, calculating the land value so it can be taxed at this rate depends on a range of criteria such as soil productivity and local millage rates, which is a complex calculation that can vary from state to state and from county to county.
The sheriff's office will hold a public hearing on the setting of the millage July 13 at 9 a.m. at the agency's headquarters at 300 Brown's Switch Road near Slidell.
The mill levy (also known as the millage rate) is determined by the revenue required by different taxing authorities -- like the county and the school district -- divided by the total estimated value of property in the taxable area.
The millage rate has remained at 93.5 cents per hundred dollars of property valuation since 2011-2012.
County and city commissioners warn that they will be forced to raise millage rates on all property, increasing the burden on non-homestead and commercial property, or scale back services.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'millage'. Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
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