Goodsprings has a tax base of $90,000,000 and a budget of $1,100,000. What is the tax rate in terms of mills?
12.2 mills
1.2 mills
8.2 mills
2.1 mills

The tax rate needed to balance the budget will be ...
tax rate = (budget amount)/(tax base)
In millions*, this is
tax rate = 1.1/90 = 0.0122... ≈ 12.2/1000 = 12.2‰

In terms of mils, the tax rate is 12.2.

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* As long as numerator and denominator are both expressed in millions, the factor of 1 million cancels from numerator and denominator and the fraction is the same value it would be if we put in all those zeros.

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Goodsprings has a tax base of $90,000,000 and a budget of $1,100,000. What is the tax rate in terms of mills? 12.2 mills 1.2 mills 8.2 mills 2.1 mills

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Goodsprings has a tax base of $90,000,000 and a budget of $1,100,000. What is the tax rate in terms of mills?
12.2 mills
1.2 mills
8.2 mills
2.1 mills