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Assessor estimates $30,487 for full revaluation, $12,552 for statistical option; committee defers decision
Summary
Village Assessor Dave Schmidt provided two options to bring assessed valuation into compliance: a full revaluation of 813 parcels for $30,487 or a statistical revaluation for $12,552; the committee moved the item to the next meeting for further discussion of payment and timeline.
The committee reviewed options from Village Assessor Dave Schmidt to address assessed valuation compliance. Schmidt gave two cost estimates: $30,487 for a full revaluation of all 813 parcels, or $12,552 for a statistical revaluation that would be less costly but provide less accurate individual valuations.
By consensus the committee moved the item to the next Committee of the Whole meeting after Clerk/Treasurer Michelle Maroszek consults with Schmidt about a payment plan and the timeline for performing a full revaluation. No formal motion to contract for a revaluation was taken at the Jan. 22 meeting.
