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A levy is calculated using mills. A mill is equal to $1 of tax for every $1,000 of Assessed Value. The Auditor uses fair market value to determine a property's assessed value, which in Ohio amounts to 35% of the fair market value. For example, a home with a fair market value of $100,000 would have an assessed value of $35,000 ($100,000 x 0.35). Therefore, a 1 mill levy would cost the owner of a property Appraised at $100,000, $35. Annually for the life of the levy.

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There are 2 types of mills. Inside mills are established by the state and are not voted on by the residents of the Township. Outside mills are authorized by the taxpayers by a vote. The voting ballots contain specific language relating to each proposed levy and the purpose for the anticipated expenditures.

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In addition, a levied fund can run in perpetuity, but typically levies operate for a limited amount of time such as three or five years. After that, the levy will need to be renewed or replaced.