August 15, 2023
To: County Clerks, County Treasurers, Real Property Listers, Register of Deeds Assessors, Statutory Assessors, Municipal Clerks, Municipal Treasurers TID Subscriber List
Today the Wisconsin Department of Revenue (DOR) posted its final 2023 Equalized Values, Tax Incremental District (TID) Values, Net New Construction Report, and County Apportionment Report.
Note: Under state law (sec. 70.57, Wis. Stats.), if a change in value is identified after the certification date, a correction is made the following year.
Available Reports
Statement of Changes in Equalized Values
Includes:
- 2023 total Equalized Values
- 2022 total Equalized Values
- Amount and percent change from 2022
- Prior year corrections
- Detailed adjustments to the Equalized Values
Tax Incremental District Values
Includes:
- 2023 total TID values
- 2023 value increment
- 2022 total TID values
- Amount and percent change from 2022
- Locally assessed TID values
- Manufacturing TID values
- Prior year corrections
Tax Incremental Finance Value Limitation
Includes:
- TID base year
- 2023 TID current value
- 2023 TID value increment
- 2023 municipal Equalized Values
- 5%, 7% or 12% test
Net New Construction
Includes:
- 2023 net new construction – amount of net new construction that occurred in calendar year 2022. Note: This may include prior year corrections
- 2022 Equalized Values
- Net new construction as a percent of the 2022 Equalized Value. Note: This percent is a factor in levy limit calculations
County Apportionment
Includes:
- 2023 Equalized Values reduced by 2023 TID Increment Values
- 2023 apportionment as a percent of total county value (reduced by total TID increment)
- 2023 TID Value Increments
TID Net New Construction
Includes:
- 2023 net new construction – amount of net new construction that occurred in calendar year 2022 in the tax increment district (TID).
- 2022 Equalized Values
- TID Net new construction as a percent of the 2022 Equalized Value
Note: DOR also emailed the 2023 Equalized Values to Municipal and County Clerks.
Additional Information
For more information on the Equalization process and uses of Equalized Values, review the Wisconsin's Equalized Values publication on our website.
Questions?
Contact the district office in your area.