Board denies Walgreen’s property tax appeal
Company claims it’s assessed higher than it should be

By DAVE RANK - Daily News

July 8, 2014

WEST BEND - West Bend won’t reconsider the property tax bill it sent to Walgreen Co., for its two stores in the city.

The city’s Board of Review voted Monday to deny Walgreen’s request for a hearing on its property tax assessments because the Deerfield, Illinois-based corporation failed to respond to the board’s May 15 subpoena for more information on the corporation’s properties at 1720 W. Washington St. and 1921 S. Main St.

With that decision, the Board of Review closed and City Clerk Amy Reuteman said, “We’re done for the year.”

For the second year in a row, Walgreen appealed its property tax assessment, claiming its stores are assessed higher than they should be.

West Bend’s Assessor Shannon Krause said the city has assessed the two stores based on their purchase prices of $6.75 million for the West Washington Street site and $5.7 million for the South Main Street property. Both stores opened in 2010.

Walgreen said each property should be assessed at $2.4 million.

Last year, Walgreen also appealed the city’s assessment on its properties, which the Board of Appeal rejected. The national company has taken that case to circuit court, and is working on taking its 2013 assessment appeal to court as well, Krause has said.

A spokesman for Walgreen said the company does not comment on pending litigation.

Walgreen leases its stores but pays property taxes on the properties. The company has fought against what it claims are excessive property tax assessments elsewhere in Wisconsin and in other states, as well.