Statement of Changes in Equalized Values – Expanded Version

Wisconsin Department of Revenue (DOR)
Division of State and Local Finance
Equalization Bureau

The original version of the Statement of Changes in Equalized Values includes prior year corrections in the "All Other" category. This expanded version displays the detail of prior year corrections and adjustments to the Equalized Values.

Report includes:


Definitions of terms in the report:

  1. Removal of Prior Year Compensation
    • Removes value applied to the 2013 Equalized Value to compensate for over or under-valuation in 2012
  2. Amount of Economic Change
    • Includes changes due to market conditions, based on analysis of the prior year's sales
    • Note: According to the use value assessment law (approved by the Farmland Advisory Council), the reported value of agricultural land included in the Equalized Value reflects the land's "use value" not the current market value. Undeveloped and Agricultural Forest classes are valued at 50 percent of market value.
  3. Amount of New Construction
    • Land value changes are due to higher land utility
    • Improvement value changes are due to construction of new buildings
  4. 70.57 Correction and Compensation
    • Includes:
      • Current Year Correction – corrects a 2013 over or under-valuation in the 2014 Equalized Value and carries forward into future years
      • Current Year Compensation – one-time adjustment to compensate the municipality for any over or under-valuation of the 2013 Equalized Value; the adjustment is removed in the following year
  5. Amount of All Other Changes
    • Can include the following changes:
      • DOR's market field studies
      • Demolition or destruction of buildings or other improvements
      • Changes in property's exempt status
      • Changes in classification of property
      • Annexation gains or losses
      • Other miscellaneous changes
  6. Personal Property
    • Displays prior year and current year totals by category and percent change, including prior year compensation, for the following:
      • Non-manufacturing personal property
      • Manufacturing personal property
      • Total of all personal property

Note: Do not use this report to measure compliance under state law (sec. 70.05, Wis. Stats.) or to determine assessment ratios.

Go to Report 

If you have questions, contact the appropriate Equalization District Supervisor listed below:

District Supervisor Counties
MADISON DISTRICT OFFICE (76)
JIM YOUNG
PO BOX 8909 MS 6-301
MADISON WI 53708-8909

Phone: (608) 266-8184
Fax: (608) 267-1355
Email: eqlmsn@revenue.wi.gov
Columbia, Crawford, Dane, Dodge, Grant, Green, Green Lake, Iowa, Jefferson, Lafayette, Marquette, Richland, Rock, Sauk, Vernon
MILWAUKEE DISTRICT OFFICE (77)
PAT CHANESKE
819 N 6TH ST RM 530
MILWAUKEE WI 53203

Phone: (414) 227-4455
Fax: (414) 227-4071
Email: eqlmke@revenue.wi.gov
Fond du Lac, Kenosha, Milwaukee, Ozaukee, Racine, Sheboygan, Walworth, Washington, Waukesha
EAU CLAIRE DISTRICT (79)
DIANE FORREST
610 GIBSON ST STE 7
EAU CLAIRE WI 54701

Phone: (715) 836-2866
Fax: (715) 836-6690
Email: eqleau@revenue.wi.gov
Barron, Bayfield, Buffalo, Burnett, Chippewa, Douglas, Dunn, Eau Claire, Jackson, La Crosse, Monroe, Pepin, Pierce, Polk, Rusk, St. Croix, Sawyer, Trempealeau, Washburn
WAUSAU DISTRICT OFFICE (80)
ALBERT ROMPORTL
730 N THIRD ST
WAUSAU WI 54403-4700

Phone: (715) 842-5885
Fax: (715) 848-1033
Email: eqlwau@revenue.wi.gov
Adams, Ashland, Clark, Iron, Juneau, Langlade, Lincoln, Marathon, Oneida, Portage, Price, Taylor, Vilas, Wood
GREEN BAY DISTRICT OFFICE (81)
MARY GAWRYLESKI
200 N JEFFERSON ST STE 126
GREEN BAY WI 54301-5100

Phone: (920) 448-5195
Fax: (920) 448-5207
Email: eqlgrb@revenue.wi.gov
Brown, Calumet, Door, Florence, Forest, Kewaunee, Manitowoc, Marinette, Menominee, Oconto, Outagamie, Shawano, Waupaca, Waushara, Winnebago

August 28, 2014