For property tax purposes, “real property” refers to land and buildings and the rights associated with ownership, while “personal property” is the furniture and equipment owned or used by businesses.
The assessor is a State certified individual whose duties are to discover, list, and place a value on all taxable real and personal property in the Village, in a uniform manner. The assessor is not involved in the collection of property taxes.
Wisconsin Law requires market value assessment of all property. The Village Assessor revalues all property each year to keep pace with changes in the market. During a reevaluation, all assessments are examined and adjustments are made where necessary to guarantee that all property is assessed uniformly. This is done to ensure that taxes are distributed … Continued
