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Message: <blockquote data-quote="Pokerbrat2000" data-source="post: 1035062" data-attributes="member: 7261">In Wisconsin, that "percentage" is called the Mil rate.  Each year Municipalities determine the Mil rate that will be used in determining what each owners property tax is.  It can go up, down or stay the same, depending on budgeting.Your tax assessment should closely resemble fair market value.  In many cases, it is a bit less, but in WI. tax assessment rates must be within 10% (above or below) of fair market value.  If you feel your assessment isn't correct, you can contest it.Bottom line, it is good to understand and know about your taxing system and how it works.  No offense, but complaining "I pay too much in taxes" and then not really understanding the system, is something seen way too often in this country.</blockquote>

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