Town/Village/City of ___________________

Board of Review Findings of Fact, Determinations and Decision*

A. Property Identification and Findings of Fact

ASSESSMENT YEAR: 20____ Tax Key Number:___________________________________

Property Address: _______________________________________________________________

Property Owner: ________________________________________________________________

Mailing Address: _______________________________________________________________

January 1, 20____ Assessment Value:

Land: __________________Improvements: ________________Total: _________________

Hearing Date: __________________________________ Time:____________

Objector Received written confirmation of Hearing Date: Yes:______ No:_____

(or) Both Objector and Assessor waived 48 hour notice of hearing: _________

{Note: Taxpayer must have filed written objection before or at Board of Review.)

Check one:

_______Timely notice of “Intent to File an Objection” was provided by objector to clerk (either in writing or orally) at least 48 hours prior to first full session of Board of Review, Or _______Waiver was granted by Board of Review for:

________________ Good Cause, or

_______________ Extraordinary Circumstances

Board members present: ___________________________________________________________

_________________________________________________________________________________

Board Members removed (if any): ___________________________________________________

Board Counsel Present: ____________________________________________________________

Property Owner/Objector’s Attorney or Representative: __________________________________

Board Members with certified training (must have at least one): _________________________

_______________________________________________________________________________

B. Testimony

The following individuals were sworn as witnesses by the Board of Review Clerk {include Property Owner/Objector (or his/her Representative, if testifying) and Assessor}

______________________________________________________________________________

______________________________________________________________________________

______________________________________________________________________________

1. Sworn testimony by Property Owner/Objector: ____________________________included:

* A recent sale of the subject property: Yes_______ No _______

If yes: The subject property was sold for $________________ Date of sale___________

* Recent sales of comparable properties:

If yes: A total number of ___________ other properties were presented.

Addresses of other properties:

___________________________________________________________

* Other factors or reasons (if presented): Yes: ________ No:___________

If yes: List of summary factors or reasons presented by property owner/objector:

_____________________________________________________________________

2. Sworn testimony on behalf of property owner/objector was presented by following other witnesses (if any):________________________________________________________

___________________________________________________________________

Summary of testimony of other witnesses’ for objector (if any):_______________________

_____________________________________________________________________________

3. Sworn testimony by Assessor :_________________________________________ included:

* A recent sale of the subject property: Yes_______ No _______

If yes: The subject property was sold for $________________ Date of sale___________

* Recent sales of comparable properties:

If yes: A total number of ___________ other properties were presented.

Addresses of other properties:

______________________________________________________________

_____________________________________________________________

* Other factors or reasons (if presented): Yes: ________ No:___________

If yes: List of summary factors or reasons presented by property owner/objector:

_____________________________________________________________________

4. Sworn testimony (if any) on behalf of the assessor was presented by: __________________

______________________________________________________________________________

5. Summary of testimony of other witnesses’ for assessor (if any): ____________________

_____________________________________________________________________________

C. DETERMINATIONS

1. The Board of Review finds that there was a recent sale of the subject property:

Yes: _______ No:__________ (if Yes, answer a, b, or c)

a) The sale was an arm’s length transaction. Yes_____ No ______

b) The sale was or market value as of the date of sale. Yes_____ No ______

c) The Board finds that this sale supports the assessment. Yes_____ No ______

2. The Board of Review finds that there are recent sales of comparable properties:

Yes: _______ No: __________ (if Yes, answer a, b, or c)

a) Property Owner presented testimony of recent sales of comparable properties

in the neighborhood: Yes_____ No ______

b) Assessor presented testimony of recent sales of comparable properties in the

neighborhood: Yes_____ No ______

c) LIST THE PROPERTIES AND VALUES THAT THE BOARD OF REVIEW

RELIES ON TO MAKE ITS DETERMINATION AS TO FAIR MARKET

VALUE: ________________________________________________________________

________________________________________________________________________

_______________________________________________________________________

3. The Board of Review finds that the assessment should be based on other factors:

Yes_____ No ______

If Yes, List the factors that the Board of Review relies on to make its determination as

to fair market value: __________________________________________________________

______________________________________________________________________________

D. DECISION

1. Exercising its judgment and discretion, pursuant t o Sec. 70.47(9)(a) of Wis. Statutes,

the Board of Review by majority and roll call vote hereby determine: (mark all that

apply):

___________ that the Assessor’s valuation is correct;

___________ that the Assessor presented evidence of the fair market value of the subject property using assessment methods which conform to the statutory requirements and which are outlined in the Wisconsin Property Assessment Manual;

___________ that the taxpayer did not present sufficient evidence to rebut the presumption of correctness granted by law to the Assessor;

___________ that the Assessor’s valuation is reasonable in light of all the relevant evidence;

___________ and sustains the same valuation as set by the Assessor;

___________ (in certain cases), the Board of Review further finds that the taxpayer’s testimony is insufficient to show that the assessment of comparable property in the municipality is not uniform and the municipality has demonstrated the uniformity of assessment.

OR

2. Exercising its judgment and discretion, pursuant to Sec. 70.47 (9)(a) of Wis. Statutes,

the Board of Review, by majority and roll call vote hereby determine: (mark all that

apply):

___________ that the Assessor’s valuation is incorrect;

___________ that the taxpayer has presented sufficient evidence to rebut the presumption of correctness granted by law to the Assessor;

___________ that the taxpayer valuation is reasonable in light of the relevant evidence;

___________ and hereby sets the new assessment at:

Land: ____________________________________

Improvements: ____________________________________

Total: ____________________________________

I, ______________________________________, Clerk of the Board of Review, do hereby certify that the members of the Board of Review voted as follows: (roll call vote on next page:)

Name of Board of Review Member: Yes No

______________________________________ ______ ______

to adopt these Findings of Fact, Determination and Decision on this _______

day of ______________________, 20____.

_____________________________________

Clerk of Board of Review

* This sample script was prepared by John P. Macy of Arenz, Molter, Macy & Riffle, S.C., (920)548-1340, and was reviewed and modified by Rick Stadelman of the Wisconsin Towns Association and the Equalization Directors and staff at the Wisconsin Department of Revenue.