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Oshkosh council adopts five-year revaluation policy to reduce future "sticker shock" for property owners
Summary
The Oshkosh Common Council approved Resolution 25-303 directing staff to adopt a policy of reviewing property assessments every five years, with flexibility for interim reviews and funding from the general fund.
The Oshkosh Common Council voted 7-0 Tuesday to approve Resolution 25-303, a policy that sets a standard of revaluing city property assessments every five years while allowing staff discretion for interim reviews when market conditions warrant.
Council members said the policy is intended to reduce sharp increases in assessed values that can occur when revaluations lag market changes. Council member Nichols said the city completed a revaluation in 2024 to meet…
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