PUBLIC TEST of all voting equipment to be used in the Primary Election will be held at 10 AM on Wednesday, May 27, 2026 at the Monona County Courthouse.
How Taxes are Calculated
View a sample of how taxes are calculated.
How To Calculate Your Estimated Net Tax
Tax Example with No Credits
| Step-by-Step Instructions | Calculation |
|---|---|
| 1) Enter your assessed value | $100,000 |
| 2) Enter the rollback* | x0.463428 |
| 3) Multiply line 1 by line 2 (Equals your gross taxable value) | $46,343 |
| 4) Enter the tax levy for your tax district ** | x.04013305 |
| 5) Multiply line 3 by line 4 | $1,860 |
Equals the Estimated Net Property Tax (rounded to the nearest whole even dollar)
Example with Homestead Credit
| Step-by-Step Instructions | Calculation |
|---|---|
| 1) Enter your assessed value | $100,000 |
| 2) Enter the rollback * | x0.463428 |
| 3) Multiply line 1 by line 2 (Equals your gross taxable value) | $46,343 |
| 4) Subtract Homestead Credit | -$4,850 |
| 5) Equals your Net Taxable Value | $41,493 |
| 6) Enter the tax levy for you tax district ** | x.04013305 |
| 7) Multiply line 5 by line 6 | $1,666 |
Equals the Estimated Net Property Tax (rounded to the nearest whole even dollar)
Example with Homestead & Military Credit
| Step-by-Step Instructions | Calculation |
|---|---|
| 1) Enter your assessed value | $100,000 |
| 2) Enter the rollback * | x0.463428 |
| 3) Multiply line 1 by line 2 (Equals your gross taxable value) | $46,343 |
| 4) Subtract Military Credit *** | -$4,000 |
| 5) Subtract Homestead Credit | -$4,850 |
| 6) Equals your Net Taxable Value | $37,493 |
| 7) Enter the tax levy for your tax district ** | x.04013305 |
| 8) Multiply line 6 by line 7 | $1,504 |
Equals the Estimated Net Property Tax (rounded to the nearest whole even dollar)
* State Rollback-Residential Class is rounded to the nearest $10.
** Tax levy $40.13305 per thousand dollars of value varies with each taxing district.
*** Military Credit =
Enter $4,000 for any war or military action after WWI.
