Final Equalized Values Posted

August 14, 2020

To: County Clerks, County Treasurers, Real Property Listers, Registers of Deeds, Assessors, Statutory Assessors, Municipal Clerks, Municipal Treasurers, TID Subscriber List


Final Equalized Values

Today the Wisconsin Department of Revenue (DOR) posted its final 2020 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:

  • 2020 total Equalized Values
  • 2019 total Equalized Values
  • Amount and percent change from 2019
  • Prior year corrections
  • Detailed adjustments to the Equalized Values

Tax Incremental District Values
Includes:

  • 2020 total TID values
  • 2020 value increment
  • 2019 total TID values
  • Amount and percent change from 2019
  • Locally assessed TID values
  • Manufacturing TID values
  • Prior year corrections

Tax Incremental Finance Value Limitation
Includes:

  • TID base year
  • 2020 TID current value
  • 2020 TID value increment
  • 2020 municipal Equalized Values
  • 5 percent, 7 percent or 12 percent test

Net New Construction
Includes:

  • 2019 Equalized Values
  • 2020 net new construction – amount of net new construction that occurred in calendar year 2019. Note: This may include prior year corrections.
  • Net new construction as a percent of the 2019 Equalized Value. Note: This percent is a factor in levy limit calculations.

County Apportionment
Includes:

  • 2020 Equalized Values reduced by 2020 TID Increment Values
  • 2020 apportionment as a percent of total county value (reduced by total TID increment)
  • 2020 TID Value Increments

Note: DOR also mailed the 2020 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. If you have questions, contact the Equalization Bureau District Office in your area.


Thank you,
Equalization Bureau
Wisconsin Department of Revenue