APPLETON, WI (WTAQ-WLUK) — With property values up nearly 40% in the past four years, Appleton is about to start a citywide revaluation.
City officials say assessments were last updated in 2019. State law requires assessments to be updated within 10% of their full value at least once every five years.
City leaders expect property values to have increased about 39%, based on 2022 sales data.
“At the core of this revaluation process lies our commitment to providing taxpayers with fair and equitable assessments,” city assessor Matthew Tooke said in a news release. “By assessing all properties at 100% of their true value, we can ensure that every property owner pays no more or no less than their fair share.”
The city provided this timeline for the process:
New Assessment Notice Mailed: Aug. 29
- This notice will provide each City of Appleton property owner with updated assessment information for their properties.
- It is important to remember that increases in property values DO NOT automatically mean an increase the property tax assessment!
Open Book: Sept. 5-22 (Monday-Friday, 8 a.m.-4:30 p.m.)
- Open Book is an opportunity for property owners to discuss their property’s assessed value with a City assessor.
- Property owners with questions or concerns are strongly encouraged to take advantage of this opportunity.
Board of Review: Beginning Oct. 4. (Weekdays, 9 a.m.–4:30 p.m.)
- Board of Review is when appeals to property tax assessments are heard and decided upon. These decisions are final.
- This is the ONLY opportunity for property owners to appeal their assessments – waiting until property tax bills are received is too late.
- Property owners who wish to dispute their assessment are urged to follow the appeal procedure and to appear before the Board of Review.
Budget Saturday: Oct. 28
- Budget Saturday is the Common Council Finance Committee’s budget workshop, when they review each section of the proposed budget.
- At this point, property tax assessments will have been finalized, so again – property owners who wish to contest their updated assessments must do so with the Board of Review in early October.