5-8-26 BOR Minutes

May 8, 2026 A meeting of the Board of Review for the City of Eagle River was called to order at 2:00PM by Becky Bolte. Roll Call: Dan Dumas, Kim Schaffer, Deb Brown, Vic Washelesky, Becky Bolte, and Assessor Justin Servin . Jerry Burkett was not present. Clerk Bolte confirmed the appropriate posting and publishing of Board of Review and open meeting notices. Appointment of Chairperson of Board of Review: Motion by Schaffer, 2nd by Washelesky to appoint Brown as Chairperson. Carried, all. Appointment of Vice -Chairperson of Board of Review: Motion by Brown to nominate Schaffer as Vice - Chairperson. Carried, all. Verification of Mandatory Training of One Member: Clerk Bolte confirmed and presented DOR PA -107 affidavit of training for Brown, Schaffer, and Bolte. Verification of City Ordinance for the confidentiality of income and expense information: Clerk Bolte provided Assessor Justin Servin a copy of the City Ordinance for the confidentiality of income and expense information, Ordinance 363, dated October 12, 1999. Review of the Assessor’s level of Assess ment: Justin Servin gave a summary of the annual assessment. Servin reported a 80% level of assessment for 202 6 down from 89.88% in 2025. The 2026 Total assessed value is $314,651,500 while 2025 was $304,281,400. There was $ 9,848,600 added for new construction. $1,745,600 was added due to general revaluations. $486,000 was gained due to annexation. The total value was decreased by $ 56,500 from property removed/destroyed. $692,500 moved into exempt status and $107,900 came out. Overall, the assessed value increased by approximately $10.6 million from 2025-2026. Receipt of the Assessment Roll by Clerk from the Assessor: Clerk Bolte confirmed that the 202 6 Tax Roll was provided to the Clerk for examination before the Board of Review meeting and the Assessor provided an updated tax roll with open book changes at Board of Review. Examination and Correction of 2026 Assessment Roll: City Assessor Servin presented the 2026 Tax Roll. Servin provided Form PA-5/661 Corrections of Errors by Assessors and prepped DOR form PC-201, Request for Chargeback of Rescinded or Refunded Taxes for each of the corrections for the Clerk to submit to the DOR. Correction totals of ($390,000) in real estate adjustments and ($4,209.93) in net tax adjustments. No omitted properties were identified. Certify all corrections of error under state law: Motion by Washelesky, 2nd by Schaffer that Corrections of error under state law have been reported by Assessor Servin and reviewed. Carried, all. Verification that open book changes are included in the assessment roll: Servin reported all changes were included in the assessment roll presented. Allow taxpayers to examine the assessment data : Board members examined the roll , no taxpayers were present. Waivers of the required 48-hour notice of intent to file an objection: Servin - None Requests for waiver of the BOR hearing allowing property owner to appeal directly to circuit court: Servin – None received. Requests to testify by telephone or submit sworn written statements: Servin – None received. Act on any other legally allowed/required Board of Review matters: Servin recited oath of office and provided Assessors Affidavit to Clerk. Review Notices of Intent to File Objection: Servin – None received Proceed to hear objections, if any, and if proper notice/waivers were given unless scheduled for another date: Servin – None received Acceptance of 2026 Assessment Roll: Motion by Washelesky, 2 nd by Dumas to accept the 2026 Assessment Roll as presented. Carried on a roll call vote, Ayes: Schaffer, Washelesky, Dumas, Bolte, Brown Motion by Washelesky, 2nd by Schaffer to adjourn the Board of Review meeting at 4:00PM. Carried Becky J Bolte - Clerk