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Bonduel explores full property revaluation to regain compliance; cost estimate requested
Summary
Committee discussed options presented earlier by Village Assessor Dave Schmidt to return the Village to assessed-valuation compliance. The Committee asked Clerk Maroszek to obtain a cost estimate for a full revaluation and moved the item to the next meeting for budget consideration.
Committee members discussed the Village’s assessed valuation compliance status and options the Village Assessor previously presented for returning to compliance. Clerk/Treasurer Michelle Maroszek told the Committee that Dave Schmidt, the Village Assessor, had proposed a neighborhood evaluation to adjust values by housing style, but that a full reevaluation — the most comprehensive and fair method — would likely be more costly; Schmidt did not provide a cost estimate for a full revaluation at the prior meeting.
Maroszek said she contacted six other Shawano County municipalities in the same compliance situation; those municipalities plan full reevaluations before the compliance deadline. By consensus the Committee asked Maroszek to obtain an estimate for a full revaluation from the Village Assessor and moved the agenda item to the next meeting so the Board can consider the budget implications.
