Village-wide Revaluation Update
A revaluation is a village-wide review of all property assessments. Adjustments are made where necessary to guarantee that all property is assessed at market value. This ensures that taxes are distributed equitably. The State of Wisconsin sets standards that all communities in the State must be valued at 100% of market value or be kept within 10% of that value. The Village has fallen below these standards. The last revaluation was done in 2008. The Village has contracted with Grota Appraisals to have all properties assessed at 100% of market value as of January 1, 2023.
Property owners should be receiving their letters for their new assessments due to the revaluation. If you have questions on the value, we request that you call Grota Appraisals at 262-253-1142. The open book is scheduled for June 13th, 2023 from 9 am until noon and 1 pm – 4 pm. It is recommended that you call 262-253-1142 to reserve a specific time for open book or you can email firstname.lastname@example.org for questions or to schedule an appointment. The Board of Review will be held on July 19th from 5 – 7 pm. Property values are increasing an average of 42%, but lake properties are seeing larger increases. Even though your property value may increase that does not automatically mean taxes will increase. The levy limit for the Village still remains the same.