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The property tax rate is typically given as a percentage. It may be expressed as a per mil (amount of tax per thousand currency units of property value), which is also known as a millage rate or mill (one-thousandth of a currency unit). To calculate the property tax, the authority multiplies the assessed value by the mill rate and then divides ...
Most local governments in the United States impose a property tax, also known as a millage rate, as a principal source of revenue. [1] This tax may be imposed on real estate or personal property . The tax is nearly always computed as the fair market value of the property, multiplied by an assessment ratio, multiplied by a tax rate , and is ...
City Manager Regina McDuffie said the millage rate of 13.219 has been unchanged since 2015, but the city did experience a 4.3 percent growth in the digest, requiring public hearings. While the ...
Spartanburg County adjusted its millage rate lower due to this year’s reappraisal, ... The city of Spartanburg would have had to reduce its levy from 104.4 mills to 97.1 mills, but instead set ...
The last tax hike was in 2022 when the millage rate was raised to 3.8925 mills. County Administrator Jamie Wolgemuth said the county's deficit has been growing, reaching $5 million in anticipation ...
Union Township is a township in Union County, in the U.S. state of New Jersey.In the 18th century, the area that is now Union was then called Connecticut Farms.As of the 2020 United States census, the township's population was 59,728, [8] [9] an increase of 3,086 (+5.4%) from the 2010 census count of 56,642, [17] [18] which in turn reflected an increase of 2,237 (+4.1%) from the 54,405 counted ...
When applied to a property assessed at $100,000, that millage rate would lead to an annual tax bill of $681 — an increase of $85 over the current county tax rate. Raising the millage rate from 5 ...
Union County is a county in the northern part of the U.S. state of New Jersey.As of the 2020 United States census, the county was the state's seventh-most-populous county [8] with a population of 575,345, [5] [6] its highest decennial count ever and an increase of 38,846 (+7.2%) from the 2010 census count of 536,499. [9]