FAQs

Associated Appraisal Consultants FAQ page

Link to Associated Appraisal Page

How to reach the City Assesssor?

Contact Associated Appraisal Consultants Inc. anytime at (800-721-4157) to have your assessment questions answered. You may also email the professional staff at Associated Appraisal Consultants Inc. here.

The property value percent increase for my property is greater than the average increase of 33%.  This has led to a tax bill increase higher than the average.  Why?

• Due to market factors, property condition scores and other variables, some categories of residential property have increased in value greater than than the average, some less. 

• Following a citywide revaluation of property, the property tax burden is redistributed based on all properties being assessed at current market values.  This means property owners do not automatically pay more in property taxes purely due to a higher assessment.

• As a result of the citywide revaluation of property which looks at all real estate transfers, property condition reports and numerous other property related factors -- some categories of property values have gone down or had minimal changes, others have gone up.

  • Residential property values have increased.

  • Manufacturing property values have increased slightly.  They are formally revalued - each year - by the state Department of Revenue.  The last revaluation of property for all other categories of real estate was 2003.

  • Commercial property values have decreased.

• Additional information about the current tax bill:

  • The total tax dollars to collect have not increased significantly. The overall net amount of property taxes to collect (school, city, county & Madison College combined) increased 1.5% -- from $5,227,909.42 to 5,310,288.84.

  • The total assessed value of property (real estate and personal) increased from $205,674,300 to $270,663,600, or 31.5%.

  • The rate of assessed property taxation dropped from $25.41 to $19.62, a 22.8% decrease.

How can I view the assessment records for City of Waterloo properties?

Assessment records are available 24/7 online: Click here for information.

Alternatively, assessment records are available for public viewing during regular business hours Monday - Thursday from 8 a.m.. to 4:30 p.m. and Friday 8 a.m. to 12 p.m. in the municipal offices at 136 North Monroe Street in Waterloo.

Each year the City of Waterloo, by state statute, is required to formally schedule periods of time for review of the assessment records. This time is known as "Open Book." This is typically held in early Spring.

Call 920-478-3025 for the current year Open Book hours.

How can I appeal my assessment?

The period to appeal the 2023 assessment has closed. You must appeal your assessment the business day prior to the scheduled Board of Review meeting (held May 23, 2023). You may pick up an assessment objection form at City Hall during regular business hours (8:00 am to 4:30 pm). Or you can print an assessment objection form by clicking on the blue tab to the right under "PUBLICATIONS" Call City Hall: 920.478.3025, or email City Hall for more information.  The next Board of Review process will take place in calendar year 2024.

How do I request that my property be reviewed?

Complete a Request for Review of Property Assessment form, which can be found by clicking on "FORMS" listed in blue in the left pull-down menu. After completing the form mail or email it to Associated Appraisal Consultants, Inc. or deliver it to the municipal clerk's office. A member of the Associated Appraisal Consultants staff may contact you to make arrangements with you. If you have any question please call Associated Appraisal Consultants, Inc. at 1-800-721-4157. Allen Sunstrom is the Project Manager.

Why the Revalution in 2021?

Wisconsin laws require periodic revaluations to keep assessment levels at or very near actual market values.  The last complete citywide revaluation of property in the City of Waterloo was conducted in 2003.  Over the past eighteen years assessments have not been updated to reflect market sales and therefore assessment equity and uniformity have gradually eroded until they were out of compliance with the law's requirements.  

Do my Property Taxes go up after a revaluation of property Will my Property Taxes go up?

Following a revaluation, the property tax burden is redistributed based on all properties being assessed at current market values.  This means you will not automatically pay more in property taxes purely due to a higher assessment.  The differences in taxes paid by property owners is the result of assessments that changed more or less than the average increase City-wide.  The overall average assessment increase in the City is 33%.  If your assessment increase is similar to "average", you can expect to pay about the same amount towards property as you did the previous year, provided the various taxing jurisdictions maintain their respective tax levies at existing amounts.  In other words, if your assessment increase is "average" (33%), then any increase in taxes paid will NOT be due to your assessment, but rather the Municipality, School District, Technical College, or County increasing its tax levy (budget).  Please do not attempt to estimate your taxes by applying last year's tax rate to your new value.  Last year's tax rate is no longer applicable.