Knowledge Base

What is a Mill Rate?

Category: Tax Assessor
In Connecticut, property tax rates are expressed in mills, or thousandths of a dollar. A property tax rate of 28.79 mills ( .02879, when expressed in decimal form) results in the payment of $28.79 for each $1,000 of a taxable property's assessed value. Do not apply this mil rate to your new assessment.
Updated 10/7/2014 2:08 PM
Was this page helpful? Yes No
Thanks for your feedback!