Mill Rates are set annually by the Borough Assembly, Municipalities and Service Areas Boards. A mill is simply a thousandth of a dollar (1/1000 of $1 and represents one dollar of tax for each 1,000 dollars of taxable assessed value.
Properties are assigned a Tax Authority Group (TAG). The TAG identifies those taxing authorities and their corresponding mill rates.
Example: 123 Example Street – located in TAG 58
|Central Emergency Services||2.65|
|TAG 58 Mill Rate||8.56|