Instructions For Form L-4025 (And L-4025 Sev) Page 8

Note Regarding Annexations:

Occasionally, a local school district will gain parcels through an annexation. No special

recognition of parcels that were annexed in 2004 is required for this calculation. Include the

annexed

parcels

that

are

the

NON-HOMESTEAD

AND

NON-QUALIFIED

AGRICULTURAL group for 2005 in each of the totals (2005 TV, 2004 TV, Additions & Losses)

for the rollback calculation. Notice that the 2004 TV is included, even though it was not in this

taxing jurisdiction last year.

Of course, parcels that were annexed out of this taxing jurisdiction need no recognition because

they are not included in the 2005 totals. Caution: If you report a zero taxable value for 2005 for

NON-HOMESTEAD AND NON-QUALIFIED AGRICULTURAL parcels that were annexed

out of your taxing jurisdiction, make sure that the losses are not included in the totals for this

calculation.

2005 Forms L-4025, L-4025 SEV, L-4028, L-4028IC

Page 8

March 1, 2005

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