Appleton Citywide Property Revaluation Information

 

Greetings District 6 Neighbors, 

As promised, this update contains information on the citywide property revaluation that is wrapping up right now. 

Wisconsin state law 70.05(5) requires all taxation districts to assess all property at full value at least once in a five-year period. Appleton performed the last citywide revaluation in 2019. Property sales and improvements can cause a change in the assessed value between citywide revaluations. 

The revaluation does not change the tax base. The tax is the assessed value times the millage rate. My tax bill last year showed this to be 0.02187346. The millage rate will not change based on the reassessment; it’s based on the city budget, along with the county, school district and Fox Valley Tech tax rate. 

Here is the example provided by the assessor – this imaginary town has four houses and a city budget of $15,000: 

After the reassessment, the TOTAL assessed value of the homes increased from $750,000 to $1,050,000. Since the BUDGET stayed the same, the millage RATE decreased. The total percentage increase was 40%, but individual properties did not all change by the same amount. Those whose assessed value increased by the average amount for the whole city paid the same amount in taxes, while properties whose assessed value increased by less than the average paid less and those whose assessed value increased by more than the average paid more in taxes. 

The city assessor estimates that the TOTAL assessed value in Appleton will increase 39% as a result of the revaluation. Notices showing the new assessments will be mailed on August 23. 

At this time, you can use this calculator to see how your property tax for 2022 would change based on the new assessment.  

https://applications.appleton.org/departments/public/taxcalc/taxcalc.htm 

I played with a couple of scenarios with the calculator. Using the 39% figure, the taxes on my house (based on 2022 tax rate) went up about $38. If I changed it to 50%, they went up $310 or about 10%. Using 60%, taxes increased $558. If my assessed value only went up 25%, my taxes DECREASED BY $307. Obviously, your numbers will vary based on your home value and your exact neighborhood, but the calculator shows that an increased assessment does not automatically equal increased property taxes. 

If you don’t have your tax bill from last year, you can find the current assessed value and 2022 taxes by putting your address here: 

https://my.appleton.org/ 

The city will be posting residential sales information on the revaluation page soon: 

https://www.appleton.org/government/assessor-s-office/2023-revaluation-city-of-appleton 

Some key dates: 

If you do not agree with the reassessment of your property, you should NOT wait until tax bills come out in December.  

Assessor Tooke talks about the reassessment on this episode of the “Appleton Engaged” Podcast. 

https://podcasters.spotify.com/pod/show/appleton-engaged/episodes/Episode-8-Matthew-Tooke---City-of-Appleton-Assessors-Office-e27nkqb 

If you have specific questions, you can reach out to the Assessor’s office: 

https://www.appleton.org/government/assessor-s-office 

Let me know if there are other issues I can address. 

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