Gross Tax Levy for Each Taxing Entity

Real and personal property taxes are levied in November by the City Council in conjunction with the adoption of the annual budget for the ensuing fiscal year beginning January 1. Levies are based on assessed property values certified on January 1 of the prior year and become a lien on the property at the beginning of the fiscal year. Real estate taxes may be paid in full January 31 or in two installments. The first half is due on or before January 31, and the second half is due on or before July 31.

The following tables include:
  • Gross Tax Levy for Each Taxing Entity in the City of Prescott (2008-2011)
  • Tax Rate per $1,000 of Assessed Value for Pierce County, Prescott School District, and Chippewa Valley Technical College
  • Assessed Value Compared to Equalized Value in the City of Prescott
Gross Tax Levy 2008 2009 2010 2011
City of Prescott $1,984,346 $2,023,888 $2,063,990 $2,043,350
Pierce County $1,472,059 $1,428,043 $1,343,459 $1,379,311
Prescott School District $2,949,722 $2,919,388 $2,897,974 $2,823,250
Chippewa Valley Tech. $530,882 $522,295 $471,401 $467,680
State of Wisconsin $60,829 $60,260 $51,520 $48,027
TIF Districts $438,691 $521,624 $478,275 $418,083
Gross Tax Levy $7,436,529 $7,475,498 $7,306,619 $7,179,700
Less: State Credit $468,199 $523,375 $525,193 $507,208
Net Tax Levy $6,968,330 $6,952,123 $6,781,426 $6,672,492
City as % of Gross Levy 26.7% 27.1% 28.2% 28.5%