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Mill |
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Mill is a term used in property taxes. A mill is one tenth of a cent.
To calculate the number of cents mills are, divide by 10. For example, 35 mills is 3.5 cents.
To calculate the number dollars mills are, divide by 1,000. For example, 35 mills is $ 0.035. It is usually best to convert mills to dollars when working property tax problems.
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