millage
See also: Millage
English
Etymology
mill (“one thousandth part”) + -age.
Noun
millage (plural millages)
- A tax rate on property, expressed in mills of the property's value.
- Charter townships are able to levy millage on the residents without a vote of the people.
- 2014 June 4, Julia Halperin, “A victory for Detroit Institute of Arts: But the battle with creditors over the museum's art collection carries on”, in The Art Newspaper[1], archived from the original on 6 June 2014:
- In another victory for the DIA [Detroit Institute of Arts], the state legislature rejected a bill yesterday that would have prevented the museum from seeking renewal of an innovative property tax that supports its operations. The millage, which was approved by voters in 2012, is expected to contribute over $23m to the museum over ten years. “We felt strongly that if the DIA decides to go back for a millage at the end of this one, it should be up to the voters to decide, not the state legislature,” [Annmarie] Erickson says.
Alternative forms
Related terms
Translations
tax rate on property
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