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City assessor outlines 2025 revaluation; citywide taxable value up about $1.8 billion
Summary
City Assessor Sam Walker presented the city's 2025 revaluation, saying assessed market value rose roughly 20.6% citywide and explaining the timeline for notices, open-book sessions and the board of review.
Sam Walker, the city assessor, told the Waukesha Common Council on April 15 that the 2025 citywide revaluation increased total assessed market value by about $1.8 billion, or roughly 20.63%, bringing the city's assessed value to about $10.5 billion from approximately $8.7 billion before the revaluation.
Walker said the revaluation used 2024 valid property sales and that notices of change in assessment would be mailed on April 25. The open-book review period will run April 28'May 16 and the initial Board of Review session is scheduled for June 6. Walker also said manufacturing values will not be available until later in the year, and that tax-rate impacts will not be known until budgets, net new construction and manufacturing values are finalized.
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