01STOCK_JANESVILLE_WATERTOWER

JANESVILLE — For Janesville homeowners who recently received a city notice that their assessed value has skyrocketed, the news may not be as worrisome as it appears.

The impact on an individual homeowner’s bottom line — on annual property tax bills that come out late in the fall — may not be as significant as the revaluation looks on paper, the city of Janesville assessor’s office says.

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