The rollback process starts after the taxing unit formally adopts the tax rate. If the adopted rate exceeds the rollback rate, voters may start the petition drive. A petition must meet specific requirements. A petition must state that it is intended to require an election to reduce the tax rate for the current year . At least 10 percent of the registered voters shown on the most recent official voter list for the specific taxing unit must sign the petition.
Signatures collected by a paid person are valid.
Voters must submit the petition to the taxing unit's governing body within 90 days of the tax rate adoption. A sample petition appears on page 40. Petition signatures are also discussed on that page. Determine if the petition is valid. The taxing unit's governing body must determine if the petition is valid and pass a resolution regarding its validity within 20 days of receiving it.