Net New Construction 2011-2012
Division of State and Local Finance
Bureau of Equalization
The amount of New Construction in the Statement of Changes in Equalized Values (Report 2) only includes changes to improvement values due to construction of new buildings and other improvements to the land. The land value change in the new construction column is due to higher land utility.
The amount of NET New Construction is New Construction reduced by any demolition or destruction of buildings.
The valuation factor for municipalities and counties is the % arrived at by dividing the NET New Construction by the total 2011 Equalized Value of a municipality or county.
The valuation factor in the ERP calculation, which will be used by municipalities to determine allowable increase in their budgets for the coming year (2013) is 60% of this percent or 2% whichever is lower plus the % change in the consumer price index (cpi). The notice of the valuation factor will be mailed to municipalities in October, 2012.
The allowable increase in the levy for towns, villages, cities and counties is 0% or percentage increase of net new construction, whichever is greater.
Any inquiries concerning the Equalized values should be directed to the appropriate equalization district supervisor listed below.
|MADISON DISTRICT OFFICE (76)
PO BOX 8909 MS 6-301
MADISON WI 53708-8909
Phone #: (608) 266-8184| E-mail
Fax #: (608) 267-1355
|Columbia, Crawford, Dane, Dodge, Grant, Green, Green Lake, Iowa, Jefferson, Lafayette, Marquette, Richland, Rock, Sauk, Vernon|
|MILWAUKEE DISTRICT OFFICE (77)
819 N 6TH ST RM 530
MILWAUKEE WI 53203
Phone #: (414) 227-4455 | E-mail
Fax #: (414) 227-4071
|Fond du Lac, Kenosha, Milwaukee, Ozaukee, Racine, Sheboygan, Walworth, Washington, Waukesha|
|EAU CLAIRE DISTRICT (79)
610 GIBSON ST STE 7
EAU CLAIRE WI 54701
Phone #: (715) 836-2866 | E-mail
Fax #: (715) 836-6690
|Barron, Bayfield, Buffalo, Burnett, Chippewa, Douglas, Dunn, Eau Claire, Jackson, La Crosse, Monroe, Pepin, Pierce, Polk, Rusk, St. Croix, Sawyer, Trempealeau, Washburn|
|WAUSAU DISTRICT OFFICE (80)
730 N THIRD ST
WAUSAU WI 54403-4700
Phone #: (715) 842-5885 | E-mail
Fax #: (715) 848-1033
|Adams, Ashland, Clark, Iron, Juneau, Langlade, Lincoln, Marathon, Oneida, Portage, Price, Taylor, Vilas, Wood|
|GREEN BAY DISTRICT OFFICE (81)
200 N JEFFERSON ST STE 126
GREEN BAY WI 54301-5100
Phone #: (920) 448-5195 | E-mail
Fax #: (920) 448-5207
|Brown, Calumet, Door, Florence, Forest, Kewaunee, Manitowoc, Marinette, Menominee, Oconto, Outagamie, Shawano, Waupaca, Waushara, Winnebago|
Last updated August 15, 2012