The City Assessor
Don McGuire is responsible for
discovering, listing and estimating the value of all property in the
City except manufacturing property which is valued by the State. Changes
to the value of a property (new construction, renovation work, and
demolition, for example) is added or subtracted each year. The statutory
date for assessment is January 1. In other words, the value of the
property as it exists on January 1 is how it will be assessed.
The purpose of this office is to insure
that the burden of real estate taxation is distributed fairly among all
the property owners in the City, so that you and other taxpayers may
contribute a fair share of support for the community services you
receive.
For these services to continue, other
agencies, as well as the City, must levy taxes. The other taxing
agencies include the Prairie du Chien School District, Crawford County,
State of Wisconsin, and the Southwest Wisconsin Technical College. Taxes levied by these
other agencies are included in your tax bill with the taxes levied by
the City of Prairie du Chien.
Each year the governing bodies of the
various taxing agencies propose budgets for the next year. To finance
the expenditures in the budget, they total all expected sources of
revenue such as permit fees, state aids and shared taxes, and license
fees. This is subtracted from the estimated expenditures. The remainder,
which is the total amount to be collected through property taxes, is the
called the "tax levy." The amount of the tax levy for the City of
Prairie du Chien is determined by the Common Council. The levy is raised
by multiplying the value of all the property in the City by a
percentage, called the tax rate. The rate is the same for all property
owners. When this tax rate is applied to the value of all the taxable
property in the City, it will total to the exact amount of money needed
for the levy to help finance City operations.
The tax rate is calculated by simply
dividing the amount of taxes needed by the total assessed value of all
taxable property in the City.
Tax Rate = Levy ÷ Total Assessed Value
The tax rate when multiplied by the
assessed value of your property, equals what you owe in taxes -- your
tax bill. The tax rate is often expressed in terms of dollars per
thousand of assessed value, or as a "mill rate."
Differing with the
Assessment of Your Property
If your opinion of the value of your
property differs from the Assessor's, please contact the Assessor and
discuss the matter with him. The Assessor is happy to discuss any
questions you may have about the valuation. The Assessor will review all
pertinent facts related to valuation.
Board of Review
The
Board of Review is a quasi-judicial
body that hears and decides objections to the valuation of property as
shown on the assessment roll. Additionally, the Board of Review can
correct any errors or omissions in the descriptions or computations
found on the assessment roll as well as check the roll for omitted
property and double assessments. The Board of Review consists of five
residents of the City appointed by the Mayor with approval by the City
Council. The Board can act only upon evidence given in the form of sworn
oral testimony. You should furnish significant evidence supporting your
estimate of market value. The Assessor will also present evidence
relating to the analysis performed on your property. Then the Board will
decide to either raise, lower, or leave unchanged the value of your
property. Keep in mind that the Board can act only on evidence related
to value.
|
Assessment Dates To
Remember! |
| August 6, 2008 |
Open Book (9:00 -
11:00 a.m.) |
| August 13, 2008 |
Board of Review
(10:00 a.m.- 12:00 p.m.) |
|
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