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An example of a mill levy would be that it represents the tax dollars for each $1,000 of the value of a property.
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Which of these is the best description of a mill levy?
An example of a mill levy would be that it represents the tax dollars for each $1,000 of the value of a property.
What is a mill levy?
A mill levy could be a dam created to hold water for powering a mill with a waterwheel of turbine. In Holland where windmills are used to pump water from lowlands, a levy could refer to a dike that hold back water from higher ground or within canals.
The amount of what type of tax is determined through the use of a mill levy?
The amount of property tax is determined through the use of a mill levy.
The amount of what type of tax is determined through the use of a mill Levi?
The amount of property tax is determined through the use of a mill levy.
The amount of what type of tax is determined through the use of mill levy?
property tax
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Where can you find info on the value of the green mill and the red mill used as currency in Missouri?
WAAAAY back when, the mill was used for paying tax on purchases. It was worth 1/1000 of a dollar or 1/10 of a penny. They were plastic. The red ones were worth 1 mill and the green ones were worth 5 mills. As consumer costs and taxes (mill levy) rose, the mill was phased out and taxes rounded to the nearest cent (penny).
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