|
WHAT IS A MILL LEVY?
A mill is 1/10 of $.01 or $.001 (one thousandth). A mill levy is the number of dollars a taxpayer must pay for every $1000 of assessed value. The taxing entity determines the amount of dollars, based on its budget request to the County Commissioners. The property in the previous example was for a property located within the city limits of Rock Springs. In this example, the 70.000 mills may be broken down as follows:
Taxing Entity Mill Levy
Mill levies are listed on a separate page on this web site, for more detail please refer to Mill Levies There are many entities that have taxing authority in Sweetwater County. These entities annually submit for a levy from the Board of County Commissioners. The requested mills are based on a proposed budget (projected revenues and expenditures) of the entity and what it needs in tax dollars to adequately fund the services it provides to its taxpayers.
|
|