A notice is sent to the owner of the property once the assessment has been done. In case of any disagreement between the assessor and the owner on issues of property tax in Wisconsin, the latter can appeal to the Municipality's Board of Review.
The budgets of the Wisconsin taxing districts are prepared usually in the month of November. The bills are issued after the calculations of property tax of Wisconsin. This takes the date of receipt of bills by the taxpayers in Wisconsin to the middle of December. The last date for payments of property tax is the 31st of December, which is of course the first installment, which is about half of the total amount. The second installment has to be paid by 31st July. One important thing to note here is that while the first installment is paid to the respective municipality, the second one is paid to the county.
In case of delinquency while paying the first installment, the property tax payer of Wisconsin would lose the facility of paying in two installments. An interest rate and a penalty are also payable thereof. Property in Wisconsin is classified into four broad groups:
- General property
- Property of public utilities and insurers
- Property on which special occupational taxes are imposed
- Managed forest lands and certain forest crop lands
