2021 Property Revaluation
The Village of Fontana will be performing a market revaluation in 2021. The last time Fontana performed a revaluation of all property was in 2014, 7 years ago. Since then, the market has changed and assessed values no longer reflect the current market.
The state of Wisconsin is a Market Value state. This means property values are required to mirror the fair market value of comparable properties to ensure property owners are paying their fair share of taxes.
The fair market value of all property is calculated by reviewing arm’s length sales between a willing seller and a willing buyer on the open market. Assessors consider information from many sources to determine your assessment.
Assessors will be reviewing market sales from January 1, 2020 through December 31, 2020. Sales after the new year will not be used to determine your new value. The property tax bill you receive in December of 2021 will be based on the new assessment value of your property.
Assessors don’t set tax rates. There are no additional taxes collected by the village during a revaluation. The revaluation does not change the amount of tax collected by the village, county, school district or technical college.
To learn more about what assessors do, please watch the video: Assessor Video 2020
Timeline of Revaluation:
Jan – Feb: Assessor reviews previous year’s sales and market data
Jan – March: Trespass letter will be sent to properties assessors need to visit
Feb – April: Permits and sales are verified
March – April: Comparable market data used to revalue all property
May: Notice of new value will be mailed to property owners
Via Telephone Friday May 21st, from 9-4 pm
Saturday May 22nd from 9-12 pm
Via in person Friday May 21st, from 12-2 pm
Open book is a conference, either face-to-face or over the phone, with an assessor to discuss the value of your property. You have until 48 hours before Board of Review to contact the assessor about your new value. When available you can set an appointment with an assessor here: https://accurate.rovingcalendar.com/appointments or call 1-800-770-3927
Board of Review
Thursday, June 24th from 1-3 pm
Board of Review functions like court and is required to evaluate evidence based on facts. You or your representative must provide factual evidence that your property is inequitably assessed. The burden of proof is solely on the taxpayer. The assessor’s value is presumed correct by State Law until proven otherwise.
Search for your property record information here: http://accurateassessor.com/recordsearch/?id=33