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2018 Tax Rate Calculation Worksheet
Taxing Units Other Than School Districts or Water DistrictsDate: 07/11/2019 09:41 Amity of Hutchins972.225.6121Taxing Unit Telephone (area code and number)321 North
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How to fill out rollback tax rate worksheet
How to fill out rollback tax rate worksheet
01
Start by gathering all the necessary financial information related to property taxes.
02
Input the current assessed value of the property.
03
Determine the tax rate for the upcoming year.
04
Calculate the rollback tax rate using the formula provided by your local taxing authority.
05
Fill out the worksheet with the calculated rollback tax rate and any other required information.
06
Verify the accuracy of the information provided before submitting the worksheet.
Who needs rollback tax rate worksheet?
01
Property owners who are required to calculate the rollback tax rate for their property
02
Tax professionals or accountants assisting property owners with their tax calculations
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What is rollback tax rate worksheet?
The rollback tax rate worksheet is a form used to calculate the maximum property tax rate that a taxing unit can adopt without triggering a rollback election.
Who is required to file rollback tax rate worksheet?
Taxing units such as cities, counties, school districts, and special purpose districts are required to file the rollback tax rate worksheet.
How to fill out rollback tax rate worksheet?
To fill out the rollback tax rate worksheet, the taxing unit must input the necessary property tax revenue data and calculate the maximum tax rate allowed.
What is the purpose of rollback tax rate worksheet?
The purpose of the rollback tax rate worksheet is to ensure that taxing units do not exceed the maximum allowable property tax rate without voter approval.
What information must be reported on rollback tax rate worksheet?
The rollback tax rate worksheet must include property tax revenue data, calculations of the maximum tax rate, and any other relevant financial information.
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