The Department of Revenue issued it's preliminary Equalized Valuation reports this week. While the cities of Sun prairie and Madison valuations were down -0.79% and -1.11% respectively, other communities (Town of Bristol, Town of Sun Prairie) in the district saw their valuations rise. While we won't know for sure until tax time, our estimate now looks to be a district-wide Equalized Value reduction of just -0.5%. That's a good sight better than early estimates which suggested the numbers might be as low as - 2 to -2.5%. An equalized valuation decrease of 0.5% (where the district had been basing its estimates on 0.0%) would mean that the projected district-wide mill rate will rise another 0.5%.
Statewide, property values feel for the third consecutive year, dropping 1.8 percent, or $5.7 billion.
---http://www.channel3000.com/houseandhome/28871405/detail.htm
Dane County property values dropped 0.92%
---http://www.revenue.wi.gov/equ/county.html
 |
| CLICK for link to DOR map |
Posts
