One mill is $1.00 per 1,000 of assessed valuation. For a home that is valued at $200,000, the assessed value would be 11.5% or $23,000. One mill would be $23 in tax dollars.
One mill is $1.00 per 1,000 of assessed valuation. For a home that is valued at $200,000, the assessed value would be 11.5% or $23,000. One mill would be $23 in tax dollars.