How do I add the mill rate? (Reports)
The mill rate is the amount of the tax payable per dollar of the assessed property value. The mill rate percentage is a modifier that is applied to the mill rate. You can add the mill rate, mill rate percentage, or both the mill rate and mill rate percentage to all real property reports. Adding the mill rate and mill rate percentage to a report allows you to verity the real property tax is calculating correctly.
Add the Mill Rate to a Real Property Report to provide visibility into the tax rate used to calculate property taxes. Including the mill rate helps users understand how tax amounts were determined, verify tax calculations, and analyze the impact of tax rates on assessed and taxable values. This information is useful for reporting, auditing, budgeting, and responding to taxpayer inquiries.
Examples:
- Verify that property taxes were calculated using the correct mill rate.
- Compare mill rates across different taxing districts or tax years.
- Analyze how changes in mill rates affect property tax amounts.
- Provide supporting information when reviewing assessments and tax calculations.
- Include tax rate details in reports used for budgeting, auditing, or public information requests.
By adding the mill rate to a Real Property Report, you can provide greater transparency into tax calculations, support data verification, and improve the usefulness of the report for analysis and decision-making.
Adding the mill rate to a real property report
1. Open a real property report.
2. Click the Columns tab.
3. Click Modify Columns for this Report Line.
4. Use the Selection window to add [Report].Mill Rate to the Selected Columns list, and then click OK.
The mill rate column is added to the report.
Adding the mill rate percentage to a real property report
1. Open a real property report.
2. Click the Columns tab.
3. Click Modify Columns for this Report Line.
4. Use the Selection window to add [Report].Mill Rate Percentage to the Selected Columns list, and then click OK.
The mill rate percentage column is added to the report.
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