Tag: Ad Valorem

Posted on 01/16/2023

Understanding millage rate & other important tax terms

Millage rates are just one of the many specialized tax terms property owners are likely to encounter. While it's often used interchangeably to mean "tax rate," millage rates have some key differences. Here is a guide to understanding millage rates and a few other important pieces of property tax terminology: Millage rates Millage rate has nothing to do...

Ad Valorem

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