The Village Board voted July 22 to approve a three‑year contract extension with Fair Market Assessments (Paul and Mike Diener) for property assessment services covering calendar years 2026, 2027 and 2028. Staff said Fair Market Assessments confirmed capacity to continue serving Ashwaubenon and is a preferred vendor.

Joel (staff) said 2026 marks the village’s scheduled full revaluation year; staff reported the village’s assessment ratio is currently “probably around the low 80s” and the revaluation will help the village regain compliance with state assessment standards. To spread the budget impact, staff said the village and the assessor agreed to space the revaluation cost across the three‑year contract term.

Paul Diener, representing Fair Market Assessments, said the firm’s family operation has served the village for many years and confirmed his team’s commitment to the multi‑year arrangement.

The board approved the proposed agreement by motion and voice vote. Trustees discussed that the 2026 revaluation will cover both residential and commercial property.

Effect: the village will undertake a full revaluation in 2026, paid over the 2026–2028 contract extension, and staff will incorporate the revaluation costs into future budgets. The revaluation is intended to correct the village’s current deviation between assessed and equalized values and avoid sudden rate impacts for taxpayers by spreading the expense.