Exemption Amounts

 
The Exemption Amounts allows for the entry of a default amount of calculation method for specific exemptions.
 
Exemption Amounts
1

Navigation

Buttons

1. Navigation 
Buttons
The Navigation buttons permit the walking through of the records.  Click the "|<" to move to the first records, "<" to move back one record, ">" to move forward one record and ">|" to move to the last record.  The record display shows what record is displayed and how may records are in the table.
2

Add Record

Button

2. Add Record 
Button
Click the "A" button to add a new record.  The mode button will change to "ADD".    
3

Delete Record

Button

3. Delete Record 
Button
Click the "D" button to delete a record, the mode button will change to "DELETE".
4

Mode

Button

4. Mode 
Button
This button will change depending on what mode the application is in; "Change", "ADD" and "DELETE".  Click the Mode Button to save the new record or save the changes or delete the record.
5

Refresh

Button

5. Refresh 
Button
Press the "Refresh" button to clear all fields and start entering a new record.
6

Generate Listing

Button

6. Generate Listing 
Button
Generate Listing Button creates a listing of the records on file.  The listing is created as a .pdf file.
7

Entity

Drop Down

7. Entity
 Drop Down
Entity drop down selects the tax entity this exemption amount record concerns.
8

Code

8. Code
Code drop down select the exemption code for this exemption amount record.
9

Year

Drop Down

9. Year
Drop Down
Year drop down selects the year this exemption amount became valid.  To differentiate amounts that change from year to another, the year drop down indicates the first year this exemption amount became valid.
 
10

Calc. Method

Drop Down

10. Calc. Method 
Drop Down
The Calc. Method drop down is the method to be used determine the amount of this exemption.  The options are:
 
  • Flat Amount - The amount entered in the Flat Amount field only.
  • Percentage - The percentage of a value type as specified in the Percentage Field taking into account the Minimum Amount.
  • Manual - This manual method requires the user to input the amount manually.
 
The Prorated check box indicates if this exemption is prorated based off the number of months the current owner actually owned the property.
11

Flat Amount

11. Flat Amount
Flat Amount is the amount in dollars that is granted for this exemption.  Calc. Method "Flat Amount" must be selected in order for the system to recognize this amount.
12

Minimum Amount

12. Minimum Amount
Min. Amount is the amount in dollars of the minimum amount granted for this exemption.  Calc. Method "Percentage" must be selected in order for the system to recognize this amount.  If the percentage calculated is computed as less than this amount the exemption will be valued at this amount.
13

Percentage

13. Percentage
Percentage is the amount to calculate the exemption based off the value selected in the drop down.  Valid values are:
 
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