What one (1) mill costs the owner of a $100,000 home:
Taxable value of a $100,000 home ( X 20%) = $20,000
One (1) mill = 1/10 of a cent
$20,000 X .001 = $20.00
One (1) mill on a $100,000 home costs the homeowner $20 annually in Property Tax.
Millage rates for Washington County:
County
General 3.9
Road 1.1
Library 1.0*
*To be collected throughout the County except for property within the city limits of Fayetteville.
Schools
Fayetteville 45.65
Farmington 42.6
Elkins 44.2
Prairie Grove 36.9
Lincoln 42.7
Springdale 40.5
Greenland 39.5
West Fork 38.6
Benton Co. 45.0
Cities
Fayetteville 3.1*
Springdale 8.2
Elkins 5.0
Greenland 2.9
West Fork 5.0
Winslow 3.0
Farmington 5.0
Tontitown 2.0
Elm Springs 5.0
Johnson 5.0
Prairie Grove 6.5
Lincoln 6.5
Goshen 0.0
*1.0 mill is a library millage and is to be collected only inside the city limits of Fayetteville; 2.1 mills is for all other legal purposes.
Updated 1/9/2013