This is the last of three required public hearings that must be held prior to the adoption of the 2017 millage rate. The proposed rate of 12.480 mills on the dollar or $12.48 per $1,000 in assessed value, which is the same as last year’s rate, is higher than the rollback rate of 12.022 mills. When the proposed rate is higher than the rollback rate, the levying authority must notify the public that taxes are being increased and hold three public hearings.