NOW:53209:USA01012
http://widgets.journalinteractive.com/cache/JIResponseCacher.ashx?duration=5&url=http%3A%2F%2Fdata.wp.myweather.net%2FeWxII%2F%3Fdata%3D*USA01012
61°
H 84° L 34°
Clear | 3MPH

Higher values do not mean higher taxes

Assessment increases average 30 percent; jump fuels worries

Aug. 7, 2008

Many Brown Deer residents noted significant increases on assessment notices that were sent out in late July.

Property assessments in the village, last revalued in 2004, had decreased to 77.31 percent of market value. By state law, whenever the assessment ratio of a community dips below 90 percent for three years, the community must reassess its property.

Accurate Appraisal does the assessments for the village.

Lee DeGroot, an owner of the company, said village property increased an average of 30 percent. DeGroot said property owners focus on the increases, fearing a higher value means higher taxes, an assumption that is not necessarily true.

“If their increase was 25 percent and the average is 30 percent, their taxes may go down,” DeGroot said.

Village Manager Russell Van Gompel higher taxes are not a given with a higher assessment.

“I tell people to look at the levy, not only the village levy, but the other taxing bodies, when they are adopted,” he said.

If the levies are higher, then taxes increase.

If the levies stay the same, then property with greater than a 30 percent increase in assessed value would see an increase in taxes. Those with increases of less than 30 percent would see a reduction, he said.

The new values provide a snapshot of the village as of Jan. 1, 2008. Those values will be used to calculate the tax bills in December.

DeGroot said the average home in the village is valued at $172,400 as of Jan. 1, 2008. That number is a simple calculation, the assessed value of the village, $714,784,500 divided by the 4,146 single-family units.

Mary Buckley can be reached at (262) 446-6615.

At a glance

WHAT: revaluation information page, which includes answers to frequently asked questions

WHERE: browndeerwi.org

WHAT: assessment questions

WHO: Lee DeGroot, Accurate Appraisal

CALL: (800) 770-3927

WHAT: filing an assessment objection

WHEN: at least 48 hours prior to the Board of Review, 10 a.m. Thursday, Aug. 28

WHERE: forms available at Village Hall, 4800 W. Green Brook Drive

This site uses Facebook comments to make it easier for you to contribute. If you see a comment you would like to flag for spam or abuse, click the "x" in the upper right of it. By posting, you agree to our Terms of Use.

Suburban News Roundup

E-mail Newsletter

Your link to the biggest stories in the suburbs delivered Thursday mornings.


Enter your e-mail address above and click "Sign Up Now!" to begin receiving your e-mail newsletter
Get the Newsletter!

Login or Register to manage all your newsletter preferences.

Community Watch

» Northbound lane of I-43 reopens at Mequon after 9 hours Updated:  04:06 PM

» Concordia's Lake Moon Festival is Aug. 9 01:26 PM

» Video: How to navigate construction surrounding the 2014 Wisconsin State Fair 7/30

» Top 10 things to see and do at the Wisconsin State Fair 7/29

» Brookfield Central turns back Homestead for state title, 9-2 7/25

» Fast start leads Homestead baseball team into state finals with 7-5 win 7/25

» Brown Deer mother arrested in stabbing of 2 sons Updated:  7/25

» Brown Deer announces selection of a new police chief 7/24

» 3 arrested after shootout on northbound I-43 Updated:  7/22

» Homestead baseball team stuns Bay, 10-4, to earn state berth 7/21

» Grand opening is Friday and Saturday at the Cheel, Thiensville's new Nepalese restaurant 7/18

» 6-story apartment building wins Shorewood approval 7/8

» Germantown's Finger blanks North Shore baseball champ Bay, 2-0 7/7

» Some Shorewood residents opposed to height of new developments 7/5

» Milwaukee man accused of seeking to deliver heroin to Ozaukee County 7/2

» Glendale dad charged with shooting sons said he was bullied Updated:  6/30

» Tree falls on man in Fox Point 6/28

» Stunned friends try to grasp shooting of Glendale brothers Updated:  6/27

» One killed, one injured in Glendale shooting Updated:  6/26

» Homestead baseball team gets help from G'town mistakes in 10-4 win 6/26

» Updated: Glendale man charged with shooting two sons 6/26

» New shopping center planned for Grafton 6/26

» Shorewood man charged with 13 counts of voter fraud Updated:  6/24

» Homestead football golf outing on June 30 6/24

» Free beer offered at opening of Hubbard Park Beer Garden 6/23

View All Posts Got a tip? Welcome rss
Deal Watch - Milwaukee

Milwaukee's Best Discounts & Deals

Local Business Directory

CONNECT    

Most Popular