As part of his 2015-17 biennial budget proposal Governor Scott Walker has recommended consolidating municipal (town, village and city) property tax assessment into a county wide assessment where, with limited exceptions for 1st and 2nd class cities, counties would administer the system. The proposal would consolidate the state’s 1,851 taxing districts into a single assessment office in each of the state’s 72 counties. In addition, the equalized value system of assessments would be eliminated in favor of annual full market value assessments. Counties could charge municipalities up to 95% of the cost of performing assessments in 2015.
To read the full post by Stafford's Government Relations Advisor, please click here.