DRAFT 2021 Wisconsin Property Assessment Manual

The DRAFT 2021 Wisconsin Property Assessment Manual (WPAM) is now available for public comment below.

Provide comments by August 21, 2020


ChapterUpdate Summary
1 - Overview of the Property TaxPages 1-2: Remove obsolete AAR content
Page 7: Update USPAP information
Page 15: Update state law reference
2 - Assessor Certification Page 10: Update for consistency with Tax 12 continuing education standards
4 - The Assessment Cycle and Dates Governing Assessment Pages 9, 16: Add 2019 Wisconsin Act 114, Notice of Assessment law change
5 - Public Relations in the Assessment Office Page 10: Add documenting consent or denial of requests to view property
7 - Parcel and Information Systems Page 30: Update Notice of Assessment information
9 - Real Property Valuation Pages 36-37: Removed leased fee information, place in Chapter 13, add general income approach information
13 - Commercial Valuation Page 4: Remove outdated store references
Page 12: Update definition of dark stores
Pages 15-17: Add leased fee information from Chapter 9
Page 16: Add direct capitalization information
Pages 46-47: Clarify hotel valuation
Pages 65: Clarify landfill valuation
14 - Agricultural Valuation Pages 4-7: Clarify charge for converting use information
14 - Appendix B Calculating Use-Value Guidelines for Agricultural Land Assessment Pages 3-8: Update use-value calculation
14 - Tax 18 Conservation Programs Pages 3, 4, 8, 10, 12: Updates for 2021
17 - Valuation of Fixed Assets Page 15: Add exemption clarification
19 - Personal Property Assessment Page 22: Add exemption clarification
20 - Property Tax Exemptions Pages 3: Clarify exemption request process
Pages 10-11: Add housing authority information
21 - Board of Review and Assessment Appeals Page 13: Update 70.47(2) information for 2019 Wisconsin Act 140
Page 15-16: Update 70.365 information for 2019 Wisconsin Act 114
Glossary of TerminologyPage 1: Update Apportionment for consistency with other DOR publications
Page 2: Removed obsolete Electronic Exempt Computer Report
Page 36: Update Fee simple definition for consistency with Appraisal Institute
Page 39: Update Leased fee interest for consistency with Appraisal Institute
Page 47: Added Tenant definition from Appraisal Institute
Forms Notice of Changed Assessment (PR-301): Update per 2019 Wisconsin Act 114
New Combined Notice (PR-298 and PR-301): Proposing combined notice of assessment and notice of conversion charge