Tax Rates to be Expressed in Dollars and Cents

Section 673. Tax Rates to be Expressed in Dollars and Cents.--Whenever the board of school directors of any school district of the second, third, or fourth class shall, by resolution, fix the rate of taxation for any year at a mill rate, such resolution shall also include a statement expressing the rate of taxation in dollars and cents on each one hundred dollars of assessed valuation of taxable property.