bond-basics

Millage or Mill

Millage is the percentage of value of property that is used in calculating Taxes.  A mill is defined as 1/10 of 1 percent and is multiplied by the assessed value after any exemptions have been subtracted to calculate the taxes.

Dive Deeper on Tax Issues

Learn more about how various aspects of tax law intersect with municipal securities.

Hudson Yards Rail Yards

Start with the Bond Basics

Disclosure Counsel

An attorney or firm of attorneys engaged to assist with understanding and satisfying disclosure responsibilities of an Issuer, both in connection with primary offerings of bonds and in determining whether (and if so, how) to provide secondary market disclosure.