09/18/2026
WHAT DOES A “MILL” ACTUALLY MEAN?
As Hatboro heads toward the 2027 budget process, you’re going to hear a lot about millage, assessed value and property taxes.
But what do those numbers actually mean for your tax bill?
We’re starting with the basics:
🎩 What one mill means
🎩 How Hatboro’s 2026 millage is divided
🎩 What 13.620 mills costs on a $150,000 assessed value
🎩 What a millage increase would mean in actual dollars
🎩 Why assessed value is not the same as market value
This is not a prediction about the 2027 budget or tax rate. It’s the groundwork residents need so that when new numbers are proposed, we can all understand the math.
Swipe through—and save this one. We’ll be coming back to it as the 2027 budget takes shape.
Just the facts.