Statement of Changes in Equalized Values - 1999 through 2014

Wisconsin Department of Revenue (DOR)
Division of State and Local Finance
Equalization Bureau

This version of the Statement of Changes in Equalized Values is available from 1999 through 2014. An expanded version of the Statement of Changes in Equalized Values is available from 2014 to Present. The expanded version includes the detail of prior year corrections made under state law (sec. 70.57, Wis. Stats.). View expanded version.

DOR's Equalization Bureau produces this report which compares the previous year's Equalized Values to the current year's Equalized Values. It details changes for both real and personal property.

Report includes:


Definitions of terms in the report:

  1. Amount of Economic Change
    • Includes changes due to market conditions, based on analysis of the prior year's sales
    • Note: According to the use value assessment law, the reported value of agricultural land included in the Equalized Value reflects the land's "use value"; not the current market value. Undeveloped and Agricultural Forest classes are valued at 50% of market value.
  2. Amount of New Construction
    • Land value changes are due to higher land utility
    • Improvement value changes are due to construction of new buildings
  3. Amount of All Other Changes

    Can include the following changes:

    • DOR's market field studies
    • Demolition or destruction of buildings or other improvements
    • Changes in property's exempt status
    • Changes in classification of property
    • Annexation gains or losses
    • Other miscellaneous changes
    • Adjustments (corrections) made under state law (sec. 70.57, Wis. Stats.)

Note: Do not use this report to measure compliance under state law (sec. 70.05, Wis. Stats.) or to determine assessment ratios.

View Report

If you have questions, contact the Equalization Bureau District Office in your area.

August 14, 2015