Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How many dollars will a one-mill increase generate for my taxing unit (i.e. city, school, county or community college)?

April 26, 2017city Community College Dollars increase one-mill School taxing

0

Posted

How many dollars will a one-mill increase generate for my taxing unit (i.e. city, school, county or community college)?

1 Answer

0

Posted

Simply multiply the total assessment base of the taxing unit by .001. The total assessments for a taxing unit can be determined by calling your county assessor or by looking it up on this web site under “Statewide values and rates”. You may need to adjust for collection loss, check with the county collector.