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
46°
H 46° L 43°
Cloudy | 14MPH

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

» Mequon, Thiensville will get packages delivered on Sunday 10/20

» Across Wisconsin, uneven property assessments fly in the face of fairness Updated:  10/19

» Preps football photos of the week: Week 9 10/17

» Whitefish Bay boys soccer team holds on to beat Nicolet, 2-1 10/16

» Concern over booth site thrusts Jewish students into church-state debate 10/12

» Homestead football team ties for North Shore lead, beats GT, 35-30 10/10

» Preps football photos of the week: Week 8 10/10

» Submit election letters now: deadline is Oct. 20 10/9

» Whitefish Bay boys v-ball teams beats Germantown, ties for NSC lead 10/8

» Driver critically injured in crash into Brown Deer garage 10/8

» Shorewood CDA changes approach with Wilson townhomes 10/7

» Mequon-Thiensville floats $20 million referendum proposal 10/7

» Poll: Will Germantown or Homestead win in Week 8 matchup? 10/7

» Mequon-Thiensville receives offer on farmland 10/6

» Brown Deer football team's depth too much for Messwood 10/3

» Preps football photos of the week: Week 7 10/3

» Cedarburg football team outlasts Whitefish Bay, 28-21 10/2

» Celebrate Biketoberfest on Thursday 10/2

» Woman reports man tried to scam her by fishing for personal information 10/2

» Enter Halloween contest to win tickets to Legends & Lore 9/30

» Stiever and Cedarburg too much for Homestead football team, 40-27 9/26

» Preps football photos of the week: Sept. 26 9/26

» Glendale, Oak Creek hotels sold to Los Angeles firm Updated:  9/24

» Delivery man cited for swearing when woman asks him to move his truck 9/22

» Preps football photos of the week: Sept. 19 9/19

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

Milwaukee's Best Discounts & Deals

Advertisement

Local Business Directory

CONNECT    

Most Popular