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File #: 161270    Version: 0
Type: Resolution Status: Passed
File created: 1/18/2017 In control: COMMON COUNCIL
On agenda: Final action: 2/7/2017
Effective date:    
Title: Resolution urging the State Legislature to pass legislation requiring municipal assessors to use the comparable sale method of valuation when establishing property tax evaluations.
Sponsors: ALD. JOHNSON, ALD. WITKOWSKI, ALD. MURPHY, ALD. LEWIS
Indexes: ASSESSMENTS, STATE LEGISLATION
Date Ver.Action ByActionResultTallyAction DetailsMeeting DetailsVideo
2/16/20170 MAYOR SIGNED   Action details Meeting details Not available
2/8/20170 JUDICIARY & LEGISLATION COMMITTEE HEARING NOTICES SENT   Action details Meeting details Not available
2/7/20170 COMMON COUNCIL ADOPTED

Minutes note: Ald. Lewis added as a cosponsor.
Pass15:0 Action details Meeting details Video Video
1/30/20170 CITY CLERK Sponsor added

Minutes note: Ald. Witkowski added as Co-sponsor
   Action details Meeting details Not available
1/30/20170 JUDICIARY & LEGISLATION COMMITTEE RECOMMENDED FOR ADOPTION

Minutes note: Ald. Johnson Sponsor Jennifer Gonda - IRD Ald. Murphy requested to be co-sponsor. There were no objections.
Pass4:0 Action details Meeting details Video Video
1/18/20170 COMMON COUNCIL ASSIGNED TO   Action details Meeting details Not available
Number
161270
Version
ORIGINAL
Reference

Sponsor
ALD. JOHNSON, WITKOWSKI, MURPHY AND LEWIS
Title
Resolution urging the State Legislature to pass legislation requiring municipal assessors to use the comparable sale method of valuation when establishing property tax evaluations.
Analysis
This resolution urging the State to pass legislation requiring municipal assessors to use the comparable sale method of valuation when establishing property tax evaluations. Currently, many large retailers argue that the assessed values of new stores should be based on comparing their buildings to sales of vacant stores in abandoned locations from different market segments. State courts, in lieu of appropriate legislative language, have sided with larger retailers, causing the tax burden to shift to residents and smaller retailers.

Body
Whereas, Homeowners in Wisconsin already pay 70% of the total statewide property tax levy; and

Whereas, That disproportionate burden is about to get much worse unless the State Legislature addresses tax avoidance strategies that national chains and big-box retailers like Walgreens, Target, and Lowe’s are using across the country to gain dramatic reductions in their property tax bills at the expense of homeowners and other taxpayers; and

Whereas, A carefully-orchestrated wave of hundreds of lawsuits in Wisconsin is forcing assessors to slash the market values of thriving national retail stores, shifting tax burdens to local mom-and-pop businesses and homeowners; and

Whereas, Walgreens and CVS stores in Wisconsin have argued in communities across the state that the assessed values of their properties for property tax purposes should be less than half of their actual sale prices on the open market; and

Whereas, In many cases, the courts have sided with Walgreens and CVS, requiring communities to refund tax revenue back to these corporations; and

Whereas, There are over 200 Walgreens stores located in Wisconsin’s cities and v...

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