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
81°
H 81° L 63°
Clear | 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

» Football coach Drake Zortman leaves Shorewood/Messmer for Homestead Updated:  7/29

» Senior-heavy Nicolet baseball team showed improvement this season 7/29

» Shorewood baseball team struggles with youth 7/29

» Whitefish Bay memorializes woman killed in crosswalk Updated:  7/29

» Brown Deer baseball team hung together despite tough season 7/29

» Shorewood debates trick-or-treat times Updated:  7/29

» Glendale evaluates city hall improvements 7/28

» 'Milwaukee lion' spotted in Glendale Updated:  7/28

» North Shore communities react to state ban on municipal home inspections at time of sale 7/27

» Brown Deer closes on sale of former American TV and Appliance building 7/27

» Woman robbed at gunpoint at Brown Deer bank 7/27

» Bizarre play leads to Homestead "9" sectional loss to Falls 7/22

» North Shore area baseball teams drop tough regional contests 7/22

» Whitefish Bay baseball team comes up just short of Falls in regional thriller 7/22

» Brown Deer municipal buildings need improvements 7/22

» The Suburban 16 Power Rankings: Watt, Niebrugge, and others on the next level 7/22

» Mequon seeks to develop 13 acres in town center district 7/22

» Niebrugge makes Homestead High proud again with finish at British Open 7/22

» Thiensville apartment developer agrees to consider smaller condominium development 7/22

» Whitefish Bay man allegedly charged officer with knives, screamed 'kill me' in officer-involved shooting 7/21

» Initial Reaction Podcast: A dumb-sports-fan's guide to the Bucks arena financing situation 7/21

» JCC Maccabi Games will bring 1,000 teen athletes to the North Shore 7/21

» Glendale man turns craft beer into specialty malt vinegars 7/20

» Mequon's Jordan Niebrugge finishes 6th, low amateur at British Open 7/20

» Homestead catches fire en route to baseball sectional 7/17

View All Posts Got a tip? Welcome rss

Advertisement

Advertisement

Local Business Directory

CONNECT    

Advertisement