August 15, 2024
To: County Clerks, County Treasurers, Real Property Listers, Register of Deeds,
	 Primary Assessors, Statutory Assessors, Municipal Clerks, Municipal Treasurers
	 TID Subscriber List
Today the Wisconsin Department of Revenue (DOR) posted its final 2024 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:
- 2024 total Equalized Values
- 2023 total Equalized Values
- Amount and percent change from 2023
- Prior year corrections 
- Detailed adjustments to the Equalized Values 
Tax Incremental District ValuesIncludes:
- 2024 total TID values
- 2024 value increment
- 2023 total TID values
- Amount and percent change from 2023
- Locally assessed TID values
- Manufacturing TID values
-  Prior year corrections
Tax Incremental Finance Value LimitationIncludes:
- TID base year
- 2024 TID current value
- 2024 TID value increment
- 2024 municipal Equalized Values
- 5%, 7% or 12% test
Net New ConstructionIncludes: 
- 2024 net new construction – amount of net new construction that occurred in calendar year 2023. Note: This may include prior year corrections
- 2023 Equalized Values
-  Net new construction as a percent of the 2023 Equalized Value. Note: This percent is a factor in levy limit calculations.
County ApportionmentIncludes: 
- 2024 Equalized Values reduced by 2024 TID Increment Values
- 2024 apportionment as a percent of total county value (reduced by total TID increment)
- 2024 TID Value Increments
TID Net New ConstructionIncludes: 
- 2024 net new construction – amount of net new construction that occurred in calendar year 2022 in the tax increment district (TID). 
- 2023 Equalized Values
- TID Net new construction as a percent of the 2023 Equalized ValueNote: DOR also emailed the 2024 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.