What is the Statement of Assessment (SOA)?
A municipal clerk or real property lister electronically files (e-files) the SOA with the Wisconsin Department of Revenue (DOR). Once the Board of Review (BOR) adjourns and adjustments are made on the assessment roll, the clerk or real property lister reports the locally assessed values to DOR. It is important that the values are accurate and reported timely since the values are used to:
- Certify school, technical college and special district equalized values
- Create a final SOA, which includes the state assessed manufacturing property and the aggregate ratio used to calculate property tax bills
Note: Final SOAs are posted on our
Reports web page from October through December
What is the deadline to file an SOA?
You must file your SOA with DOR by the second Monday in June or after your BOR is complete. Do not file your SOA until the BOR adjourns and all adjustments are made to the assessment roll.
How do I file an SOA?
You must electronically file (e-file) your SOA by using either our e-file form or file transfer:
Why is it important to submit a complete and accurate SOA?
DOR uses the SOA to make determinations of school and special district valuations, equate the state assessed manufacturing property, and to determine the ratio for calculating fair market value estimates.
Note: If you report any corrections to assessed values on Line 23 of your SOA, you must report the corresponding net taxes and refunds due in Sections J and K on the SOT.
Why did the Wisconsin Department of Revenue (DOR) contact us about our Managed Forest Land (MFL) or Private Forest Crop (PFC) acreage?
In March each year, the Wisconsin Department of Natural Resources (DNR) provides DOR with a file listing the MFL and PFC acres in each municipality. If DOR contacted you, it may be because the acreage you submitted on the SOA did not reflect the acreage provided by DNR, and you did not provide an explanation as to why the acreage did not match.
How often do Managed Forest (MFL) rates change and how are we notified
Rates can change every five years. The last rate update occurred in 2018; prior rates changed in 2013. The next rate update will be in 2023. DOR updates the form and instructions, emails municipalities with the new rates, and discusses the changes in training opportunities.
Do I need to report an assessed value for a special district if it does not levy any tax?
Yes. Since DOR is required to certify equalized values of legally formed town sanitary districts, public lake protection and rehab districts, and metropolitan sewer districts, the assessed value must be reported.
How do I record a Section 70.43 Correction on Line 23 of the SOA?
Report omitted property on Line 23, real estate on A and personal property on B. You also report sec. 70.43, Wis. Stats., corrections of errors by the assessor on Line 23. Report real estate on C1 and personal property in C2. Both of these should be for the prior year, not something found on the current assessment roll after the Board of Review.
Note: If you report omitted property and/or a sec. 70.43 correction on the SOA, you must report the corresponding amount of net taxes or refund due in Section K of the SOT.
Where can I find my final SOA?
As we complete an SOA, DOR posts each final SOA (which may include manufacturing values) on our website at:
I filed my SOA. Why isn't there a final SOA for my municipality?
DOR works on final SOAs in batches starting in mid-late October through December and posts Final SOAs after we complete each batch.
I amended my SOA. Why don't I see the amended values on the final SOA?
Since other processes rely on an SOA's information, it is important for DOR to have the most accurate SOA. If you amended your SOA after we posted the final to our website, we will still process it. However, we will not post the Final SOA with the amended values. DOR will not calculate a new aggregate ratio. When you calculate property tax bills, use the aggregate ratio found on the Final SOA and the updated values from the amended SOA.
Are there additional resources for the SOA process?
Publication PA-502, Assessment and Tax Roll Instructions for Clerks. This publication provides an overview of the SOA and other processes a clerk and/or treasurer may be responsible for throughout the year.
FOR QUESTIONS OR COMMENTS CONTACT:
WISCONSIN DEPARTMENT OF REVENUE
Local Government Services Bureau
PO Box 8971
Madison, WI 53708-8971
Fax: (608) 264-6887
Email additional questions to