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Article: SIGN OF ECONOMIC GROWTH Property values up again in state Increase of $15.4 billion is second-highest in last 10 years
- Article from:
- The Milwaukee Journal Sentinel (Milwaukee, WI)
- Article date:
- August 16, 1996
- Author:
CopyrightCopyright 1996 The Milwaukee Journal Sentinel. Provided by ProQuest LLC. (Hide copyright information)
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The total value of taxable property in Wisconsin rose last year
by 7.64%, or $15.4 billion good news for homeowners and another
sign of the state's robust economy, state officials said Thursday.
The $15.4 billion increase between Jan. 1, 1995, and Jan. 1, 1996,
is the second-highest increase in the equalized value of taxable
property in Wisconsin in the last 10 years, a state Revenue
Department report said.
Only the increase between 1994 and 1995, when property values in
the state rose $16.54 billion, or 8.94%, was higher.
Values declined $2.45 billion, or 2%, in 1986 but have increased
every year since then. The total equalized, or market, value of
property in the state has increased by ...