Steps Set Up Estimated Tax Rolls

Navigate:ClosedTax > Levy Management >Tax Roll Processing > Estimated Tax Roll Processing > Maintain Estimated Tax Rolls > New > Set Up Estimated Tax Rolls

Description

Set up a new estimated billing tax roll or maintain an existing one. Specify the tax year, reason code, description rates, source tax roll and dates to use in the estimated tax billing tax roll processing.

ClosedJurisdiction Specific Information Beach

Palm Beach

Two additional Aumentum process steps:

  • Reconcile calculated values with imported values from Collector's System/Property Assessor's Office

  • Reconcile the calculated taxes to the imported taxes during tax roll processing.

Assessment Administration uses the imported values to create the cadastre; Levy uses the cadastre values to calculate taxes. Calculated values are not replaced but are used to create charges and run applicable reports so that the calculated values can be compared to imported ones. Any items outside of the user-defined tolerance, as established by the Imported to calculated tax amount Tolerance appsetting, are included in the reporting.

Upon reviewing the calculated values as being as correct as possible to the imported, based on the appsetting, charges are posted to Accounts Receivable upon posting the roll. To set up this appsetting, go to Configuration > Application Settings > Maintain Application Settings. Select Tax Year as the Setting type, select the Filter by module of Tax Levy Management, and select the Filter bytax year. Click Edit on the new application setting and enter the rounding value, which can be up/down to the smallest denomination (example, pennies).

Steps

  1. Select the Tax year for which you are creating the estimated billing tax roll. This determines the available levy value builds and the year bills are created.

  2. Enter the tax rollDescription if you are creating a new tax roll.

  3. Select the reason code from the Reason Cd dropdown list.

  4. Select the Source Tax Roll.

    NOTE: You must have set up a tax roll first for a source tax roll to display in the list, and the tax roll must be open.

  5. Enter the Billing date and the Approved date for this tax roll or accept the current date default.

  6. Select the Levy value build from the list. The Assessment rolls and levels used to produce the value build are displayed.

  7. Click Finish to save the tax roll and return to Maintain Estimated Tax Rolls.

    • Click Cancel to return to the Maintain Estimated Tax Rolls screen without saving changes.

Tips Tips

Preliminary, proposed, and estimated billing  rolls can be used to create various reports and notices, such as for Truth in Taxation or Florida TRIM notices. You cannot create tax bills from these tax rolls.

After a tax roll has been posted, you can only view its settings; you cannot make any changes.

Common Actions

None.

Related Topics

Estimated Tax Roll Processing

Maintain Estimated Tax Rolls