Dane County officials review supermarket property valuations amid retail location debate

During the recent Board of Review meeting held on June 2, 2025, in Verona, significant discussions centered around property assessments and their implications for local businesses. The meeting highlighted concerns regarding the valuation of commercial properties, particularly in relation to supermarkets and retail spaces in Dane County.

One of the key points raised was the need for a thorough evaluation of property selections for assessment purposes. A participant expressed frustration over the chosen locations for assessments, questioning whether larger buildings or alternative properties had been considered. This concern reflects a broader issue of how property assessments have remained largely unchanged since 2019, raising questions about their accuracy and relevance in the current market.

The discussion also touched on the methodology used for assessing property values, particularly the reliance on third-party data sources like CoStar. Participants debated the connection between consumer spending patterns and commercial land prices, with some arguing that a lack of available land in Verona should influence property values differently than in areas like Kenosha, where more land is accessible.

The meeting underscored the complexities involved in property tax assessments, especially for supermarkets that may not have the expertise to navigate these issues effectively. As the Board of Review continues to evaluate these assessments, the implications for local businesses and the community at large remain significant. Stakeholders are encouraged to stay engaged as the Board works towards more accurate and fair property valuations that reflect the current economic landscape.