TAX SEASON IS UPON US ONCE AGAIN, HERE AT THE TOWNSHIP WE FREQUENTLY GET ASKED WHAT A MILL IS IN REGARDS TO PROPERTY TAX SO INCASE YOU WERE WONDERING YOURSELF.........

 

A MILL EQUALS 1/1000 OF THE US DOLLAR, EXPRESSED AS A DECIMAL =.001 DOLLARS. HOW TO COMPUTE THAT INTO WHAT YOUR REAL ESTATE MILLAGE RATE WOULD BE IS AS FOLLOWS:

LETS SAY YOUR ASSESSED VALUE OF YOUR PROPERTY IS $150,000. (THIS IS NOT MARKET VALUE) AND THE TOWNSHIPS MILLAGE RATE IS 8.135 (2020 RATE) YOUR ANNUAL COST PER MILL WOULD BE $150.00 WHICH MEANS YOUR TOTAL TAX LEVY IS $1,220.25  150,000          150

                                                                             X   .001     X 8.135

                                                                                  150   $1,220.25

TO REACH THE TOWNSHIP TAX COLLECTOR PLEASE CALL: 610.377.4167

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