Budget Fact Sheet

Based on 10 mil tax

Appraised Value Additional Tax per year

$100,000 $40

$150,000 $60

$200,000 $80

$250,000 $100

$300,000 $120

$400,000 $160

$500,000 $180

How is Millage Calculated?

Millage is Calculated by Multiplying the appraised value by .01. Then multiply the result by the appropriate tax rate.

Example: $100000 X .01 =$1000

$1000 X .04 = $40