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Common Exemptions Household furniture, apparel and motor vehicles. Manufacturing machinery specific processing equipment approved by the Department of Revenue. Livestock, inventories, and merchant's stocks. Computers and electronic peripheral equipment.

The BOR is a quasi-judicial body responsible for correcting errors on the assessment roll and administering property tax assessment appeals. A property owner can discuss the assessment with the assessor and provide any information that might affect the assessment.

The City's Property Tax Assistance for Seniors Program is available to pay all or a portion of a homeowner's property taxes. No monthly payments for living expenses are allowed.

Rates are calculated based on the total levy (the revenue a tax district would like to generate) divided by the total assessed value in the district. So, to use a simple example, if a district's levy is $1,000 and the total of assessed value in the district is $100,000, the rate would be . 01, or 1%.

Wisconsin Law requires all municipalities including Mukwonago to assess property at full market value at least once every five years.

Assessed value is the dollar value placed on a parcel of property by the Assessor's Office. It is computed by analyzing thousands of individual sale transactions, thousands of inspections and a thorough study of all Milwaukee neighborhoods. It is the Assessor's estimate of market value.

Open Book refers to a period of time when the completed assessment roll is open for examination. This period of time is an opportunity to discuss your property value with the assessor and provide reason for changing the value, if appropriate.

A property assessment shows the value of your property in a given year. In mid-August, every property owner (residential and business) will receive a change of assessment notice even if your property value has not changed.