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What is a millage?

What is a millage? Here are some definitions.

Noun
  1. A tax rate on property, expressed in mills of the property's value.
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Examples
School president Sally Carder told the Hot Springs Sentinel-Record that a 1973 law permits millage increases to pay for construction projects.
Charter townships are able to levy millage on the residents without a vote of the people.
He says 75 percent of the funding is coming from Grenada County through existing millage rates.
The next consideration that would impact the coating industry more than the other areas would be the automatic reading of millage coming out of the powder box.
Property taxes are appealable to local boards of review and need the approval of the local electorate to exceed millage rates prescribed by state law and local charters.
The district depends on new levies because existing millage rates cannot be adjusted for tax base declines, and do not benefit from tax base increases.

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