The West Bend Board of Review made significant decisions during its November 6 meeting, notably approving substantial property assessment reductions for several parcels.
The board first addressed the property at 1921 South Main Street, where the original assessment of $3,539,000 was reduced by $100,000 to $3,439,000. This decision was made following a stipulation presented to the board, which was unanimously approved.
Next, the board reviewed the parcel at 1720 West Washington, also recommending a $100,000 reduction from $3,474,000 to $3,374,000. This motion similarly passed without opposition.
In a more contentious case involving Cole's Strip Mall at 1400 South Main Street, the board faced a lack of compliance from the taxpayer's representative regarding a subpoena issued for necessary information. With no communication or documentation provided, the board voted to dismiss the objection due to insufficient compliance, a decision supported by the Wisconsin statutes governing such matters.
Conversely, the Decorah Shopping property at 827 South Main Street demonstrated full compliance with the subpoena. As a result, the board approved a significant reduction in its assessment from $3,663,000 to $2,900,000, reflecting the thorough review of the submitted information.
These decisions highlight the board's commitment to fair assessment practices while also emphasizing the importance of compliance from property owners in the review process. The outcomes from this meeting are expected to impact local property tax revenues and reflect the board's ongoing efforts to ensure transparency and accountability in property assessments.