The 2017-19 state budget (2017 Wisconsin Act 59), amended sec. 79.095, Wis. Stats. For 2018 exempt computer aid payments, DOR must pay each taxing jurisdiction an amount equal to the exempt computer aid payment they received in July, 2017, multiplied by 1.0147.
The Department of Revenue will not issue 2017 exempt computer value notices by October 1, 2017, as it is no longer required.
For budgeting purposes, each taxing jurisdiction should:
- Calculate your July, 2018 exempt computer aid payment, which equals your July, 2017 exempt computer aid payment multiplied by 1.0147
- Include the aid as a revenue in your 2018 budget
- Adjust your 2017-18 property tax levy to account for the upcoming 2018 exempt computer aid payment
The July, 2017 exempt computer aid payment notices are available on our website under Exempt Computer Aid.The 2017-2019 state budget made changes to calculating the computer aid payments. The budget sunsets the current law formula for calculating aid payments after the payments for the 2016(17) property tax year are made in July, 2017. In July, 2018, each taxing jurisdiction will receive an aid payment equal to the payment it received in July, 2017, multiplied by 1.0147. Specify that in 2019 only, each taxing jurisdiction that received an aid payment in 2018 would receive an aid payment equal to that previous payment increased by the change in the inflation rate. Each year thereafter, those same taxing jurisdictions would receive an amount equal to the 2019 aid payment amount. For the 2019 inflation adjustment, define the change in the inflation rate as the percentage equal to the average annual change in the U.S. consumer price index for all urban consumers, U.S. city average, as determined by the U.S. Department of Labor, for the 12-months ending on September 30 of the year before the year of the payment, but not less than zero.
Under the budget changes, any payment made to a municipality on behalf of a tax increment district created by the municipality will continue to be made to the municipality after the tax increment district is terminated.
The budget repealed the current law provision requiring owners of exempt computers, cash registers, and fax machines to annually file a return with the local assessor or the Department of Revenue (DOR) that reports the value of the exempt property.
Finally, the 2017-2019 state budget Increases estimated payments by $3,257,800 in 2017-18 and $2,325,600 in 2018-19. Total aid payments are estimated at $94,270,000 in 2017-18 and $95,660,000 in 2018-19.