Net New Construction 2006-2007
Division of State and Local Finance
Bureau of Property Tax
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 2006 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 (2008) 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 November, 2007.
The levy limits in place for towns, villages, cities and counties for 2005 and 2006 included a sunset of January 1, 2007. Therefore, as of August 15, 2007 there are no levy limits in effect for 2007. The Senate and Assembly versions of the state budget include different proposals for 2007 levy limits for towns, villages, cities and counties.
Any inquiries concerning the Equalized values should be directed to the appropriate equalization district supervisor listed below.
| District Supervisor | Counties of service |
|---|---|
| Lake Winnebago District (75) Allan Land Phone (920) 929-2970 | E-mail FAX (920) 929-7202 |
Calumet, Fond du Lac, Green Lake, Manitowoc, Marquette, Ozaukee, Sheboygan, Washington, Waushara, Winnebago |
| Southern District (76) Reed Johnson Phone (608) 266-8184 | E-mail FAX (608) 267-1355 |
Columbia, Crawford, Dane, Dodge, Grant, Green, Iowa, Jefferson, Lafayette, Richland, Rock, Sauk, Vernon, Walworth |
| Southeastern District (77) James S. Murphy Phone (414) 227-4455 | E-mail FAX (414) 227-4071 |
Kenosha, Milwaukee, Racine, Waukesha |
| Western District (79) Thomas Janssen 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 |
| North Central District (80) Albert Romportl Phone (715) 842-5885 | E-mail FAX (715) 848-1033 |
Adams, Ashland, Clark, Iron, Juneau, Langlade, Lincoln, Marathon, Oneida, Portage, Price, Taylor, Vilas, Wood |
| Lake Michigan District (81) Mary Gawryleski Phone (920) 448-5196 | E-mail FAX (920) 448-5207 |
Brown, Door, Florence, Forest, Kewaunee, Marinette, Menominee, Oconto, Outagamie, Shawano, Waupaca |
Last updated August 22, 2007