The current City of Brooksville millage rate is at 6.6962. The Brooksville City Council set the tentative millage rate at 7.000. They reasoned that this will provide them with flexibility as health insurance rates are expected to increase between 12 and 15% for the upcoming fiscal year. One mil is one dollar per thousand dollars in property value. So a $150,000 home with a $50,000 homestead exemption would be paying $700 in property taxes if the millage rate is set at 7.