TX Rollback Processing

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Purpose

Use this procedure to determine agricultural rollback tax amounts and, if required, create bills for the taxes.

Ag Rollback

This feature supports the legislation that requires an individual who changes the use of their land from agricultural to non-agricultural to pay a difference in taxes between the rate that the land was taxed at, and the rate it would have been taxed at without agricultural use, plus a 5% penalty for:

• Five years prior to the date of change in use if the land type is 1-D-1.
• Three years prior to the date of change in use if the land type is 1-D

Homestead Rollback

This feature also supports the legislation that requires an owner to pay taxes as if the homestead exemption the owner was receiving was not in effect. (Homestead exemptions are issued when a natural disaster destroys or damages the owner’s property.)The owner must pay rollback taxes plus a 7% penalty when the owner sells the house before repairs are complete, or when repairs are not completed on time.

Procedure

1. Open the property record for which you need to establish rollback tax amounts.
2. Click the RBack-ShProp tab. Then, in the Rollbacks section, click New.

   The Rollback Wizard dialog box is displayed.

   

   • Rollback Type – A code that indicates the type of land or the homestead that had a change in use.
   • Rollback Owner – The owner who will be responsible for the rollback tax. Defaults to the current property owner.
   • Rollback Status – The option EST (Estimate) is usually selected for appraisal systems. If required, this field can be left blank.
3. Click Next.

   Another Rollback Wizard dialog box is displayed.

   

4. Complete the following fields:
   • Change in Use Date – The date on which the land was changed from ag use.
   • Statement Date – The date that original tax statements were mailed for the most recent year included in the rollback.
   • Years to rollback – Enter the number of years to roll back. Note that:
     • A 1_D rollback can be rolled back for up to 3 years
     • A 1-D-1 rollback can be rolled back for up to 5 years
     • A homestead rollback can be rolled back for up to 2 years.
5. Click Next.

   Another Rollback Wizard dialog box is displayed.

   

6. Select the entities that will tax the properties.

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   Note: All entities in the system are displayed, not just those relevant for the property.

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   For ag rollbacks, the following Rollback Wizard dialog box is displayed:

   

   For homestead rollbacks, the following Rollback Wizard dialog box is displayed.

   

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   Note: You can sort the data by clicking on a column title.

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7. If you are entering homestead rollbacks, proceed to the next step. For ag rollbacks, complete the following steps:
   1. Enter the market value, ag value, and number of acres being rolled back.

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      Note: If you have only the total value being rolled back, you can enter the total market value, the total ag value, and then 1 in the Acres cell.

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   2. Click Next.

      Another Rollback Wizard dialog box is displayed.

      

   3. Verify that the total rollback tax amount is correct.
8. Click Next.

   Another Rollback Wizard dialog box is displayed.

   

9. Choose one of the following options:
   • For appraisal, select No.
   • For collections, if you are not ready to create bills, select No.
   • For collections, if you are ready to create bills, select Yes, and in the Statement Date field, enter the date that the statement with rollback bills will be mailed.

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   Note: Once bills are created for a rollback, the rollback cannot be deleted.

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10. Click Finish.

Result

The rollback is displayed on the property’s RBack-ShProp tab.

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Prerequisites

The user right Ag Rollback Status Change is assigned to your ID.

Procedure

1. Open the property record for which you need to change the rollback status.
2. Click the RBack-ShProp tab. Then, in the Rollbacks section, select the rollback and click Change Status.

   The Change Rollback Status dialog box is displayed.

   

3. Either select the rollback status or make the selection blank so that there is not a rollback status assigned. Then click OK.

Purpose

Use this procedure to create rollback bills if bills were not created at the time that rollback taxes were entered.

Procedure

1. Open the property record for which you need to change the rollback status.
2. Click the RBack-ShProp tab. Then, in the Rollbacks section, select the rollback and click Details.

   The Rollback dialog box is displayed.

   

3. Select the Rollback Tax tab and click Create Bills.

   The Create Rollback Bills dialog box is displayed.

   

4. In the Statement Date field, enter the date that original tax statements were mailed for the most recent year included in the rollback. Then click OK.

Purpose

Use this report to review the rollback tax.

For an ag rollback, data is displayed for the market value, ag value, acres, tax rate, and interest rate values used to calculate the rollback tax.

For a homestead rollback, data is displayed for the original taxable and rollback taxable value, original taxes and rollback taxes, the original freeze ceiling and rollback freeze ceiling, the original tax amount and the rollback tax amount, the interest rate, and the rollback loss.

The report lists the values for each year involved in the rollback.

Procedure

1. Open the property record for which you need to print the rollback tax report.
2. Click the RBack-ShProp tab. Then, in the Rollbacks section, select the rollback and click Print.
3. Specify whether to preview or print the report.
4. Review the data on the report.

Purpose

Use this report to review rollback taxes, adjustments, penalty, interest, fee amounts, payments, and balances due by entity per year.

Procedure

1. In PACS Collections, choose Reports > Rollback > Rollback Recap Report.

   The Rollback Recap Report dialog box is displayed.

   

2. Enter entity and/or date range selection criteria. Then click Preview or Print.