Section 79.095. State aid; computers.

 

(1)   Definitions. In this section:

(a) “Department" means the department of revenue.

(b) “Gross tax rate" means the property tax rate without consideration of the credits under subch. II .

(bm) “Special purpose district" means a metropolitan sewerage district organized under subch. II of ch. 200 , a town sanitary district organized under subch. IX of ch. 60 , a metropolitan sewerage district created under s. 200.05 , or a public inland lake protection and rehabilitation district organized under subch. IV of ch. 33 .

(c) “Taxing jurisdiction" means a municipality, county, school district, special purpose district, tax incremental district, environmental remediation tax incremental district, or technical college district.

(2)   Reporting. Each municipality shall report to the department the following information:

(a) On or before the 2nd Monday in June, the value of the property that is exempt under s. 70.11 (39) and (39m) in each taxing jurisdiction for which the municipality assesses property.

(b) On or before December 31, the tax rate used for each tax incremental district for which the municipality assesses property and for each environmental remediation tax incremental district for which the municipality assesses property.

(3)   Review by department. The department shall adjust each rate reported under sub. (2) (b) to a full-value rate. The department shall review and correct the information submitted under sub. (2) (a) , shall determine the full value of all of the property reported under sub. (2) (a) and of all the property under s. 70.995 (12r) and, on or before October 1, shall notify each taxing jurisdiction of the full value of the property that is exempt under s. 70.11 (39) and (39m) and that is located in the jurisdiction. The department shall adjust the full value that is reported to taxing jurisdictions under this subsection in the year after an error occurs or a value has been changed due to an appeal. All disputes between the department and municipalities about the value of the property reported under sub. (2) (a) or of the property under s. 70.995 (12r) shall be resolved by using the procedures under s. 70.995 (8) .

(4)   Payment. The department shall calculate the payments due each taxing jurisdiction under this section by multiplying the full value as of the January 1 of the preceding year of the property that is exempt under s. 70.11 (39) and (39m) and that is located in the jurisdiction by the full-value gross tax rate of the jurisdiction for the preceding year. The department shall certify the amount of the payment due each taxing jurisdiction to the department of administration, which shall make the payments on or before the 4th Monday in July. For purposes of ch. 121 , school districts shall treat the payments made in July under this subsection as if they had been received in the previous school year.

1997 a. 237 ; 2001 a. 16 , 30 ; 2005 a. 25 , 418 ; 2013 a. 20 .