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Partial exemptions (called prorated exemptions by some tax offices) can be calculated in the Levy What If screen.  This is particularly useful for calculating prorations for future tax years.  Click here to see information on how these exemptions are calculated and what the tax code says about them, and to view sample scenarios.

To add a partial exemption for a current or prior year, see Adding Partial Exemptions.

To estimate exemptions for a future year and print a prorations statement, see Estimating Future Year Partial (Prorated) Exemptions.

For information about "what if" calculations for standard exemptions, see Estimating Levy Changes.

User Entitlements

The following user entitlements are part of the Manage Prorations task, which is part of the CAD SAVE CALC AG ROLLBACK job. See Tasks, Entitlements, and Jobs for more information.

ACT80022 Allows users to use the Levy What If screen.

ACT80022_PRORATION: Allow users to access the Prorations tab

COUNTY_CODES_PRORATE_COUNT_365: Enter the county code(s) that use a 365 day calculation for pro-rations even for leap years. If it is a leap year and the preference is either expired or does not contain the county code for the account, the program will use a 366 day calculation.

1. From the Main Menu, select Inquiry, then Levy What If.  The Levy What If screen will appear.
2. If the account has carried over from a previous screen, go to step 3.  
   
   If the Account Number field is blank, enter the account number, press F8, then go to step 3.
   If you need to enter a different account number, press F7, key in the new account number, press F8, then go to step 3.

Note: If you don't know your account number, see Locating an Account.

3. The screen displays current year information by default.  If you want to estimate these exemptions for a future year, click Copy Data to Proration.  To estimate for the current year, go to step 4.
4. Alter the Owner Exemption Information and/or the Property Value section to reflect the possible levy change.  

If you are prorating only part of the value of an account, enter the value of the pro-rated portion.  For example, if the full account is valued at $100,000, and the account is going to be split, with 10% of the account going exempt, enter the value of that 10% portion, or $10,000.

5. In the Levy Result section, click Calculate Levy to see the New Levy for the new value ($10,000) for a full year. Levy increases are shown as positive numbers in the Diff field; levy decreases are negative numbers.
6. If you now need to calculate levy on a certain number of days, use the Proration Information fields. The Taxable Begin Date defaults to January 1st of the year you entered in step 3.  You should not need to change this date.
7. Enter either the Taxable End Date (the last date the account is taxed before it goes exempt) or the number of Days Exempt.  Press tab to fill in the remaining fields in this part of the screen.
8. Click Calculate Levy again to see the levy for the number of days taxable.
9. If you want to know the proposed levy on the portion of the account that is now exempt, subtract the levy calculated in step 8 (prorated taxable value) from the levy calculated in step 5 (taxable value for full year).