Millage rate definition

Millage rate means the millage rate listed in the most

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Millage rate means the millage rate listed in the most recent tax ordinance approved by the county quorum court under the authority of Ark. Code Ann. § 14-14-904.

Millage rate means the net ad valorem tax levy, in mills, that is established by the recommending or levying authority to be applied to the net assessed value of taxable property within such authority’s taxing jurisdiction for purposes of financing, in whole or in part, the recommending or levying authority’s maintenance and operating expenses.

Examples of Millage rate in a sentence

• Millage rate - the ad valorem tax rate set by the Lake Wales City Commission to partially fund the provision of municipal services during any fiscal year.

• To the extent allowed by law, for the term of this contract and any renewals, the Sponsor’s Discretionary Millage rate shall not be decreased below the level it was on January 1, 2016, unless changed by agreement of both parties to this contract.

• Based on the Certified Taxable Values from the Property Appraiser, we are recommending that we levy a debt service millage of .6280, equal to $740,739 and at the 95% rate it will equal $703,702 (less than required); and we are recommending allocating $200,000 from the Debt Service Fund Balance to meet our payment and alleviating a portion of the millage that will be used in the General Fund Millage rate.

More Definitions of Millage rate

Millage rate means the rate, as in effect at January 1 of each year, that is determined pursuant to AS 29.45.240 for property in each district of the Legacy Territory.

Millage rate means .012 in fiscal year 1999, .011 in fiscal year 2000, .010 in fiscal year 2001, and .009 in fiscal year years 2002 through 2005.

Millage rate means .012 in fiscal year 1999, .011 in fiscal year

Millage rate means the millage rate listed in the most recent tax ordinance

Millage rate means the amount per $1,000 used to calculate ad valorem property taxes, as determined by the County Assessor. The Millage Rate will be a function of the individual millage rates for each taxing district that affects the Facility. Promptly following such determination, the County Assessor shall provide written notice of each of the AV and the Millage Rate to JCEP and its designated affiliate, the Zone Sponsors, and the CPA. The CPA will input such figures into the following cells within the “Inputs” tab of the Model: Assessed Value: [Column H] for the applicable Tax Year Millage Rate: [Column G] for the applicable Tax Year The Model will automatically calculate the CSF for each Tax Year. The CPA will conduct all necessary accounting verifications of each CSF so calculated prior to issuing to the Parties a formal notice of CSF for the applicable Tax Year in accordance with the Agreement.