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Mill

1/1,000, or 10% of 1% of a measure. Mills are used in the calculation of property taxes. See also: Mill rate.

mill

One-tenth of one cent, or $0.001. Ad valorem (property) taxes are usually expressed in terms of a certain number of mills.A rate of 12.4 mills means that a property assessed for $100,000 would have ad valorem taxes of 12.4 (rate) 0.001 (mill) $100,000 (assessed value) for a tax of $1,240.

References in periodicals archive ?
It is a location where three forms of power are on show - the water mill, the Heatherslaw steam railway and the Milfield Heavy Horse Association at nearby Hay Farm.
There are few 200-plus year-old structures left in Mississippi, and as the oldest continuously-operating water mill in the nation, it is well worth a trip to the backroads of Kemper County to view this historical Mississippi gem.
Roger Haywood's over-the-top lifestyle combines two offices in England with home in a converted 17th century water mill and a collection of 10 antique exotic automobiles.
a leading mergers and acquisitions firm, is pleased to announce the acquisition of Water Mill Lumber by Trade Supply Group, Inc.
Yr Hen Felin in Carrog | YR Hen Felin is an old water mill which has been converted into an unusual and characterful, three-storey family home in the village of Carrog, near Corwen.
A converted original water mill has been re-purposed into a character residence, part of a trio of properties which makes up Hanley Mill in Hanley William, near Tenbury Wells, Worcestershire.
The new trees, a combination of native broad leaf, small leaf and fruit bearing specimens, will create a link between two established woodlands near Path Head Water Mill.
The sources said that the mum-of-two, who will turn 44 on Wednesday, would continue celebrating at her new 10 million dollars Water Mill estate on Saturday.
April 10, 2012 /PRNewswire/ --AZEK Building Products is partnering with Water Mill Building Supply to offer the full line of AZEK premium, exterior products to the well-known, upscale section of Long Island known as the Hamptons.
The Whitley Local History Group have been searching for a site to display the machinery taken from the old Whitley water mill, which formerly stood by Abbey bridge but was demolished in 1955.
THE owner of a historic water mill is selling his treasured landmark to pay off bank debts.
THE owner of a historic water mill has taken to eBay to sell his treasured landmark to pay off bank debts.