Personal Property Value Report - Available Online

March 19, 2019

To: Municipal Clerks and Treasurers, Real Property Listers, Assessors

The Wisconsin Department of Revenue (DOR) would like to inform you that Form PA-550: Personal Property Value Report is available on our website.

General Information

  • Due date – June 3, 2019
  • Municipal clerk must electronically file (e-file) Form PA-550, reporting the 2017 locally assessed machinery, tools, and patterns (Code 2) values
  • These values were previously reported to the municipality on Schedule C of the Statement of Personal Property (Form PA-003)
  • The reported values will be used to calculate the 2020 personal property aid payments under sec. 79.096, Wis. Stats.

Detailed Information

Each municipality must report the 2017 locally assessed Code 2 values, including:

Total value

  • Within the municipality (auto-filled from your 2017 Statement of Assessment)
  • Within tax incremental districts (TIDs)
  • Outside of TIDs

Value by

  • Taxing jurisdictions that existed in 2017 within the municipality
  • TIDs that were active in 2017
  • Taxing jurisdiction within each TID

If your municipality had no locally assessed Code 2 property in 2017, you must submit a zero value report.

If you have questions, contact us at