What is the role of the Wisconsin Department of Revenue regarding property assessments?

The role of the Wisconsin Department of Revenue regarding property assessments is primarily focused on overseeing and regulating these assessments to ensure they are conducted fairly and consistently across the state. This includes establishing guidelines and standards for assessors to follow, providing training and resources, and ensuring that property assessments are equitable. By doing this, the Department helps maintain the integrity and accuracy of the assessment process, which is crucial for a fair property tax system.

The other options highlight activities that are related but do not capture the primary regulatory and oversight function of the Department. For instance, evaluating market trends and collecting property taxes are important, but they fall outside the core responsibilities of overseeing property assessments and ensuring equalization. Setting property values based on market sales is more of an operational task carried out by local assessors rather than the Department itself, which instead focuses on the oversight and guidance of such processes.