What is an assessment?

An assessment is the value the assessor places on your property.  This value determines what portion of the property tax levy (state, county, school district, and NWTC) is covered by your property.

 

Why did I get this Notice of Changed Assessment?

Any time the assessor changes the value of your property, they will send this to notify you of the change from the previous year.

In 2018, Council voted to move to an annual market revaluation process.

 

How did the assessor come up with this number?

Every year the entire city is reviewed and all values brought to current market value (the assessor’s opinion of what your property would sell for as of January 1st on the open market) based on recent arms-length comparable property sales in the area.  Building permits are also taken into consideration and the value added if improvements were made. 

Here is a link to a brief video showing what assessors do.

How will this change affect my taxes?

Tax rates are determined in November each year after the city, county, school district, and NWTC have all determined their budgets.  Assessed values are used to distribute the tax burden among individual property owners.

 

What do I do if I have questions?

Contact Accurate Appraisal at 1-800-770-3927

Attend Open Book (dates in April where the assessor is available to answer questions and is a period of time when the assessment roll is available for examination) 

 

What do I do if I’m still not satisfied?

If you disagree with your assessment, you may appeal it to the Board of Review.  This five-member board is comprised of citizens appointed by the Mayor.  The BOR’s function is to decide if the facts, presented under oath before the Board, are valid. 

2020 Board of Review is scheduled for Wednesday, June 10th from 10 AM – Noon in Council Chambers.  You must schedule your appearance with the City Clerk’s office by calling 339-4050, or e-mailing cdanen@deperewi.gov.

You must also file a Formal Objection Application Form with our office.