What is this month’s topic? For our first post, we’ll focus on one of the things that affects your property tax bill: your total estimated fair market value.
This number is calculated by the Wisconsin Department of Revenue each year and is based on current-year home sales. Final equalized property values were released by the state on October 1st.
In 2026, property values within the district increased by an average of ten percent.
The valuation of the district as a whole has increased from $577 million in 2020 to $1.14 billion in 2026.
As property values have increased, state aid has decreased, which has shifted more of the tax burden to individual home and business owners. The state school funding formula operates on the assumption that if a district is “property rich,” then individual taxpayers are able to pay more for school taxes.
What does this mean? Regardless of what happens with the school referendum on November 3rd, you will see an increase in the school portion of your tax bill again this year, due in part to an increase in your property value. The chart illustrates each municipality’s value increase. For more information about your property value and tax bill, please contact your municipal clerk.
