Boscobel reassessing property value, again

If you are a Boscobel resident whose property taxes went up after last year’s reassessment you might be hearing more bad news. Property values didn’t go up enough to satisfy state laws – and they will need to be re-reassessed this year. Wisconsin statues require all municipalities to tax property at a rate within 10% of its actual market value. Boscobel’s assessors have missed that mark for the past 5 years, by as much as 29%. Last year’s reassessment was supposed to fix that, but the city is still out of compliance. Boscobel City Council learned of the problem at their March 18th meeting.