HomeMy WebLinkAbout11. 22-516DECEMBER 13, 2022 22-516 RESOLUTION
(CARRIED _______ LOST _______ LAID OVER _______ WITHDRAWN _______)
PURPOSE: APPROVE ALLOWANCE OF CLAIM, PARTIAL RESCISSION AND
REFUND OF PROPERTY TAXES FOR 2021 FOR HOFFMASTER
GROUP FOR PROPERTY LOCATED AT 2920 N. MAIN STREET
INITIATED BY: CITY ADMINISTRATION
WHEREAS, the Department of Revenue is responsible for assessing manufacturing
properties within the State of Wisconsin; and
WHEREAS, Hoffmaster Group challenged the assessments established by the Department
for Revenue for its property located at 2920 North Main Street (Property Identification
Number 1519600600) in the City of Oshkosh for the years 2019, 2020 and 2021; and
WHEREAS, the Hoffmaster Group and the Department of Revenue have entered
into a settlement agreement relating to the valuation of this property which has been
approved by the Wisconsin Tax Appeals Commission which maintains the assessment for
2019 and 2020 and reduces the assessment for 2021; and
WHEREAS, the property owner has paid all taxes currently due on the property and
otherwise has complied with all legal requirements pertaining to this claim.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of
Oshkosh that a change in the property taxes for the property located at 2920 North Main
Street (Property Identification Number 1519600600) has been made, in part, per Wisconsin
Statutes section 70.511, and an allowance of claim, partial rescission of taxes due and
refund is appropriate:
Hoffmaster Group LLC
2920 North Main Street
Oshkosh, WI
Partial Reduction 2021: $ 99,600.00
Rescission/Refund: $ 2,293.08
DECEMBER 13, 2022 22-516 RESOLUTION
CONT’D
Funds for this purpose are appropriated from:
Acct. No. 0100-0072-6469 Tax Refund Account
City Hall, 215 Church Avenue P.O. Box 1130 Oshkosh, WI 54903-1130 http://www.ci.oshkosh.wi.us
TO: Honorable Mayor and Members of the Common Council
FROM: Lynn A. Lorenson, City Attorney
DATE: December 8, 2022
RE: Approve Allowance of Claim, Partial Rescission and Refund of Property Taxes for 2021
for Hoffmaster Group for property located at 2920 N. Main Street
BACKGROUND
The Department of Revenue is responsible for the assessment of manufacturing properties within State
of Wisconsin. Hoffmaster Group challenged the assessments the State had placed upon their property
located at 2920 North Main Street in the City of Oshkosh for the years 2011-2014.
ANALYSIS
The Department of Revenue represented the taxing jurisdictions in the appeal and the Wisconsin Tax
Appeals Commission has approved a Settlement Agreement and Stipulation that maintained the
assessed value for 2019 and 2020, and reduced the assessment for 2021. The settlement agreement
stipulates that there is no interest on the amounts due.
While a stipulation and settlement has already been agreed to and approved by the state who are
responsible for the assessment in this case, we are bringing this matter before the Council to bring the
City’s records into conformity with the stipulation and to formally authorize the chargeback of amounts
to the other taxing jurisdictions.
FISCAL IMPACT
The fiscal impact of the circuit court decision is that the City will have to refund $2,293.08 in taxes that
had been paid. The City may chargeback to other taxing jurisdictions their share of the refunded amount
as permitted by Wisconsin Statutes.
RECOMMENDATION
It is recommended that the Council approve the proposed resolution implementing the settlement
agreement for the property owned by the Hoffmaster Group at 2920 North Main Street.
Respectfully Submitted, Approved:
Lynn A. Lorenson Mark A. Rohloff
City Attorney City Manager
Property
Parcel
Year
Assessed
Rate Original Settlement Difference
Total FMV 11,104,800 11,005,200
Assessment Ratio 0.8287072 0.8287072
Total Assessed Value 9,202,600 9,120,100
State - - - -
County 5.407 49,754.85 49,308.81 446.04
City 11.608 106,826.14 105,868.46 957.68
School District 11.350 104,451.07 103,514.68 936.39
School Credit (1.660) (15,272.75) (15,135.84) (136.91)
Net School District 89,178.32 88,378.84 799.48
Tech College 1.090 10,026.56 9,936.68 89.88
Total 27.795 255,785.87 253,492.79 2,293.08
Hoffmaster
2929 N Main St
1519600600
2021