ASHLAND, WI — Walmart has filed a lawsuit challenging the assessment of its Ashland store for the past two tax years.
In the initial plea, Mayor Deb Lewis says the company is claiming a property value of $9.4 million, which is about $1.5 million less than the current assessment.
Lewis says if the company wins the lawsuit, any reduction in tax value for the business would be shifted to taxpayers in order to make up the difference.
A four-day trial is currently scheduled for the case in late July.
If Walmart wins the lawsuit, the city would be required to pay back about $40,000, plus interest.