What is the mill levy and how is it set?

The mill levy is the tax rate that is applied to the assess value. In general terms, the mill levy is determined by the diving the dollars need for local services by the taxable assessed value in the service area.

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1. Why are my taxes so high?
2. What is meant by “fair market value”?
3. What is the mill levy and how is it set?
4. Will the value of my property change every year?
5. How does the county’s appraisal affect my taxes?
6. How do I calculate the property taxes on my property?