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


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 ?
Dodds, 50, and his family sheltered in their first-floor home as around 50 people milled around on the street outside on Wednesday night.
The three-day event attracted families, connoisseurs and eager browsers who milled around the stalls and tents jostling for space in the cos-mopolitan atmosphere of the Oval Basin.
And, as in the aftermath of the al Qaeda attacks, onlookers milled around the street staring up in disbelief.
They milled around Joe's Carry Lite deer decoy, providing plenty of time to shoot.
Locals formed a queue as long as 2 kilometers to offer flowers as policemen milled around the funeral parlor, situated in front of the U.
More than 100,000 arts lovers milled around venues in Brindleyplace, Broad Street, Centenary and Chamberlain Squares, watching shows and participating in workshops.
A father threw out a soccer ball, and 10 little kids milled around, going nowhere.
Last week, at the annual meeting of the Society of Vertebrate Paleontology in New York, researchers milled around Currie as he showed them a single 3-by-5-inch photograph of the fossil and the artist's reconstruction of the dinosaur.
The buck milled around in the woods at about 80 yards, then began walking steadily my way.
The relaxed atmosphere was helped by the late September sun as people milled around, dipping in and out of shops or watching the pavement art unfold.