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Board approves $1.5 million reduction in Walmart’s 2025 assessment, pending cases dismissed
Summary
The West Bend Board of Review accepted a stipulation reducing Walmart’s 2025 assessment by $1.5 million and agreeing to dismiss pending appeals for prior tax years with no refund.
The West Bend City Board of Review on July 16 approved a stipulation that reduces the 2025 assessment for Realty Income Properties 19 LLC (Walmart) and settles multiple pending appeals.
Under the stipulation, the assessor and the taxpayer agreed to lower Walmart’s 2025 assessed value by $1.5 million. Paragraph 4 of the stipulation sets the 2025 assessment at $19,985,000, down from $21,485,000. Paragraph 3 shows the decrease…
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