noun
- a tax rate expressed in mills per dollar of assessed property value
- the total amount of taxes levied at a specified millage rate
Usage: primarily used in U.S. taxation
Usage: taxation context
Examples
- The school district proposed a 2.5 mill millage increase.
- Voters will decide on the library millage in November.
- The city’s millage rate is among the lowest in the county.
- Property owners saw their bills rise due to the new millage.
- The millage generates revenue for essential city services.
- Homeowners can calculate their taxes using the current millage rate.