Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the Rollback Rate in Column 5?

April 26, 2017column rate Rollback

0

Posted

What is the Rollback Rate in Column 5?

1 Answer

0

Posted

The “Rollback Rate” or rate used in column five to calculate “Your Taxes this Year if NO Budget Change is Made” is the rate that would generate the same amount of revenue as last year based on the current certified preliminary gross taxable value of property, excluding new construction.