RollbackCounty Auditor. This rollback percentage is multiplied by the value originally assessed to come up with the taxable value of the property.
Increases in assessments of residential and agricultural property are tied to each other. What this means is that if residential property valuation increases by 4% and the increase for agricultural property was only 3%, the residential increase would be reduced to 3%.
Last Updated on Tuesday, 13 March 2012 15:32