Another year, another blatant cash grab on the part of big box stores. Walmart filed suit Aug. 1 in Barron County Circuit Court against the City of Rice Lake, claiming the property valuation of $13.5 million is excessive and leads to Walmart paying more property tax than is legal.
Walmart’s first legal filing in 2017 claimed the valuation should be $9.1 million. Its 2018 filing claimed the valuation should be $8.1 million. Its 2019 filing claims the valuation is “no more than $5,500,000.”