I received a rollback tax notice(s). What is it for?
A. When real property is valued, assessed and taxed as agricultural use and the use changes to other than agriculture, the property is subject to additional taxes. The rollback tax is the difference between the taxes paid on the valuation as agriculture property and the tax amount(s) based on the assessor’s market value. A rollback tax is a current year tax based on prior year levies and payable as a current tax subject to specific due dates shown on the enclosed bill. Please read the tax notice for these important dates. Real property is subject to rollback taxes up to 5 years immediately proceeding the year the property use changed.
