By Keith Strey
Annually, the city of Marshfield Finance Department mails out property tax statements by the third Monday of December as required by state law.
Property tax bills include taxes collected for more than just the city of Marshfield. Wisconsin statutes require the city to collect property taxes levied for five taxing jurisdictions, which include the city, school district, technical college, county, and state of Wisconsin.
Marshfield has property located in both Wood and Marathon counties, which means the Finance Department collects and distributes property taxes for six taxing jurisdictions in total. The following tables provide a breakdown of tax rates by taxing jurisdiction and a comparison to information from the prior year:
|Wood County (rate per $1,000 of assessed value)|
|Mid-State Technical College||$0.836648||$0.871887|
|State School Credit||$1.620320||$1.587823|
|Marathon County (rate per $1,000 of assessed value)|
|Mid-State Technical College||$0.826409||$0.863129|
|State school credit||$1.691451||$1.647635|
The state school levies credit provides direct relief to taxpayers by reducing the amount owed on their property tax bills. The school levies credit is allocated to municipalities based on their share of statewide school levies during the previous three years. Municipalities allocate the credit to individual taxpayers in proportion to the taxpayer’s share of the municipality’s total assessed value.
In order to qualify for the lottery and gaming credit, a taxpayer must be a Wisconsin resident, the owner of the dwelling, and use the dwelling as their primary residence. To receive the credit, an eligible property owner must file an application with the treasurer of the county in which the property is located or, if the property is located in a city that collects taxes, with the treasurer of that city. A person who is eligible for the credit as of the certification date but whose property tax bill does not reflect the credit may — by Jan. 31 following the issuance of the person’s property tax bill — claim the credit by applying to the municipal treasurer in which the property is located. For more information and forms, go to the Wisconsin Department of Revenue website at revenue.wi.gov.
The lottery and gaming credit in 2015 was $100.32 and for 2016 will be $115.14.
The First Dollar Credit is similar to the lottery and gaming credit but is only for improved real estate property. It does not apply to buildings of leased lands or personal property mobile homes. All rentals, businesses, and manufacturing buildings are included. Property owners with buildings on numerous parcels can get more than one First Dollar Credit. No application is required to be submitted as it is automatically applied to all qualifying properties.
The First Dollar Credit was $62.10 in 2015, and in 2016 it will be $61.23.
Finally, in 2015 the state passed Act 55, which requires tax levy information as a result of referendum(s) to exceed state statutory limits be included on tax bills by taxing jurisdiction, by property. Additionally, the bill must indicate “the year in which the authorization to exceed the limit(s) no longer applies.”
This change applies to approved referendums after Dec. 31, 2014. The city of Marshfield will be required to report the referendum information for the School District of Marshfield override referendum passed in November 2016 on the property tax bills sent out in December of 2017.
In closing, property taxes can be paid using one of four options:
—By mail (include self-addressed stamped envelope if a receipt is requested).
—Online via the city of Marshfield website,
—In person at the city of Marshfield Finance Department on the fifth floor of City Hall.
—In person at Citizens State Bank of Loyal.