Perhaps some Wisconsin homeowners (as distinguished from the larger group of property owners) will see some small reduction in their property taxes over the next four years, but most should not count on it. And the "relief" will be no where near the $680 Governor Walker claims in his newsletter.
From the Green Bay Press Gazette:
"Projections say that Gov. Scott Walker’s property tax relief bill will save the average person about $13 in 2013-14 school taxes. But it won’t change the size of tax bills in a number of districts across Northeastern Wisconsin and elsewhere in the state, according to an analysis by the nonpartisan Legislative Fiscal Bureau." [greenbaypostgazette.com, Nov. 2, 2013]
From the Cap Times:
"[T]he owner of a $150,000 house on Madison’s east side stands to see a savings of about $17 on the December tax bill....
[W]hile the measure has been touted by both Republicans and Democrats as delivering tax relief to beleaguered Wisconsin homeowners, the big winners in actual dollar terms are the owners of large office complexes, apartment buildings and shopping malls." [Cap Times, Oct. 18, 2013]Read more