City Treasurer's Office News and Information
Warning – If not paid by due date, installment option is lost and total tax is delinquent & subject to interest & penalty.
Warning – If not paid by due date, installment option is lost and total tax is delinquent & subject to interest & penalty.
Mailing Address – To change a mailing address, please contact the Assessor’s office.
Check Payment Information – Check should be payable to Treasurer or City of Oak Creek
Total Assessed Value – An estimate of value assigned to taxable property by the assessor for purposes of taxation.
Tax Rate – The levy divided by the base. Usually expressed in dollars per thousand, the rate is then multiplied by the assessed value to determine the tax that each property must pay.
Average Assessment Ratio – A comparative figure, calculated by the State, showing the % relationship between the assessed value and the fair market value of the entire city. This ratio is an average throughout the City, and is generally not provided until late October.
Net Assessed Value Rate – The tax levy divided by the tax base. Usually expressed in dollars per thousand, the rate is then multiplied by the assessed value to determine the tax that each property must pay. Note: Does not reflect lottery credit or first dollar credit.
Total Estimated Fair Market – The amount a willing buyer would pay a willing seller for a property.
First Dollar Credit - Every taxable parcel in the State of Wisconsin qualifies for the First Dollar Credit provided that parcel contains a real property improvement. This includes business, commercial and private property. This credit should be automatically applied to all qualifying properties. If the property tax bill has an amount shown in the "Ass'd Value Improvements" boxes, then that property should receive the credit. Unlike the Lottery and Gaming Credit, the property does not need to be the primary residence of the owner and an owner may receive the credit on more than one property. A personal property improvement is not a qualifier for this credit.
Legal Description - contact Assessor’s office for acreage
Lottery Credit – Lottery & Gaming Credit, if blank or for further explanation see Lottery Credit
Special or Delinquent Charges – Special assessment charges, stormwater fund fee prepayment, noxious weeds, or delinquent water bill.
Full Payment – Total due for full payment.
Warning – If not paid by due date, installment option is lost and total tax is delinquent & subject to interest & penalty.

