2023 Personal Property Value Report – Available Online

March 1, 2024

To: Municipal Clerks, Assessors

Cc: Municipal Treasurers, County Clerks, Treasurers, Real Property Listers

The Wisconsin Department of Revenue, State and Local Finance Division posted Form PA-551: 2023 Personal Property Value Report on our website

General Information

Due date - July 1, 2024
Municipal clerk – e-files Form PA-551 through MyDORGov
Assessor – provides the total 2023 personal property assessed value, excluding the value of property that will shift to real estate on the 2024 assessment roll
Each municipality must report the 2023 locally assessed personal property values
- Confirm the 2023 locally assessed personal property values for your TID and non-TID parcels with your assessor
- Make sure to remove any amounts shifting to the real property roll

Review the following 2023 reports to complete all Form PA-551 sections:
- Personal property assessment roll
- Statement of personal property assessments
- Note: The above reports are generated from your assessor's software and may be labeled "2023 statement of personal property assessments" or "2023 personal property valuation summary"
The reported values will be used to calculate the 2025 personal property aid estimates (sec. 79.0965, Wis. Stats.), as a result of 2023 Wisconsin Act 12 personal property tax exemption