Annual Assessment Report

Report requirements

  1. To whom should you submit the AAR?
  2. What happens after I submit my report?
  3. How will DOR determine compliance while reviewing the AAR?
  4. What happens if I don't file an AAR?
  5. Does my report have to be written?
  6. Will I have to write a new AAR every year?
  7. When do I have to follow standard 6: mass appraisal, development and reporting?
  8. Do I need to follow standard 3: appraisal review when the appellant provides an appraisal report?
  9. Do I need to follow standards 7 and 8: personal property appraisal?

  1. To whom should you submit the AAR?

    You must submit the AAR to two different parties:

    1. Municipality - Deliver the original signed AAR to the municipality before the Board of Review (BOR) begins
    2. DOR – Submit your report to DOR within 30 days after the final adjournment of the BOR
  2. What happens after I submit my report?

    DOR will review the report to ensure your assessment practices comply with professional standards.

  3. How will DOR determine compliance while reviewing the AAR?

    DOR will make sure the report:

    • Follows the prescribed components
    • Is compliant to statute, case law and WPAM
    • Adheres to statistical measures of performance (You must calculate these measures of performance when adequate data is available and explain their meaning.)
  4. What happens if I don't file an AAR?

    If you do not file an AAR, you will first receive a warning with further violations resulting in a review of your assessor certification for possible revocation.

  5. Does my report have to be written?

    Yes. Each USPAP Standards Rule has a written report component. For example, Standards Rule 6-8 states, "A written report of a mass appraisal must clearly communicate the elements, results, opinions, and value conclusions of the appraisal."

  6. Will I have to write a new AAR every year?

    Yes. As each assessment year stands on its own, you must complete an AAR annually. In each case, the narrative should describe the processes you used for the current year. However, it may be appropriate to discuss the base-year (revaluation) methods as the source for the current figures.

  7. When do I have to follow Standard 6: Mass Appraisal, Development and Reporting?

    As the assessor, you are responsible for appraising all taxable property—real and personal—in your municipality (ies), each year, as of January 1, using mass appraisal methods. You should use USPAP Standard 6 for the annual assessment process although other standards may apply under certain circumstances.

    There are exceptions to the application of Standard 6. For example, if you hire expert help to appraise a single property, the expert help must comply with Standards 1 and 2 (real property) or 7 and 8 (personal property).

  8. Do I need to follow Standard 3: Appraisal Review when the appellant provides an appraisal report?

    No. You do not have to follow Standard 3 when an appraisal is submitted for any reason (including Open Book, BOR, or state law (sec. 70.85, Wis. Stats.)). Your responsibility is to consider the information provided by the property owner or agent and, if necessary, to defend your assessment. You are not acting as a reviewer when defending your work. As with current procedures, you can ask questions, offer comments, and make observations about the appellant’s evidence during the appeal process.

  9. Do I need to follow Standards 7 and 8: Personal Property Appraisal?

    No. As stated above, you are responsible for appraising all taxable property in the jurisdiction, each year, as of January 1. Mass appraisal is the process by which all taxable property—including personal property—is assessed. You should use Standard 6 for the annual assessment process and describe how personal property is assessed in the scope.

FOR MORE INFORMATION PLEASE CONTACT:

WISCONSIN DEPARTMENT OF REVENUE
Division of State and Local Finance
Office of Technical and Assessment Services
P.O. Box 8971 MS 6-97
Madison, WI 53708-8971
Phone: (608) 266-7750
Fax: (608) 264-6897
Email additional questions to bapdor@revenue.wi.gov

Page last updated May 14, 2014