How do you determine how much I pay in taxes?
The total assessed value is multiplied by the mill rate. Example: A vehicle with a net assessment of $20,000 and a mill rate of 32.46 would have a total tax of $649.20. ($20,000 X 0.03246 = $649.20)
The total assessed value is multiplied by the mill rate. Example: A vehicle with a net assessment of $20,000 and a mill rate of 32.46 would have a total tax of $649.20. ($20,000 X 0.03246 = $649.20)