Fond du Lac reports average 54% assessment increase; open-book meetings, appeals schedule announced

Summary

City staff told the council on April 23 that assessment notices were mailed and outlined open-book meetings (May 12–16), follow-up letters by July 13 and the board of review on Aug. 13. Staff emphasized the revaluation is revenue neutral and described how residents can view property record cards and appeal assessments.

The Fond du Lac City Council heard a presentation on April 23 about a citywide property revaluation and was told 15,000 assessment notices were mailed to property owners this week.

City Manager Mr. Moore told the council the goal of the revaluation is accuracy and uniformity. "the real point of a revaluation is to make sure that assessed values reflect market values. And at present, hours don't," Moore said. He said the revaluation brings assessed values back into compliance with Wisconsin Department of Revenue rules and that the process is intended to be revenue neutral for taxing jurisdictions.

The revaluation will raise assessed values citywide by an average of about 54%, the presentation said; residential properties rose on average about 67% and commercial properties about 32%. Moore noted that while assessed values change, the tax levy remains set by the taxing authorities and the revaluation shifts the tax…

Fond du Lac reports average 54% assessment increase; open-book meetings, appeals schedule announced

Summary

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