Board of Review

us www. manastee. c m u. i. CMHALL S6~~. 70 Maple SEreet December 16, 2008 DEC 17200@ CI'FY N- IAN4GER 284I 237. 393. TO: Kelli Sobel, State Tax Commission Crrr ASsESSOx Peggy Falk, Equalization Director 2802) 231. 398. Howard Vaas, Manistee Area Public Schools BUILDWG INSPECTOR Rita Crow Curtis, Business Coordinator, Manistee Intermediate School District 2906 231. 398. Edward Bradford, Finance Director PLANNINC,ZONINC K Russ Pomeroy, County Treasurer CoaimrUNrn DEV. Virginia Fox, West Shore Community College 2805 231. 398. Board of Review (including alternate members) C1T1` CLERK 803 331. 348? FROM: Julie Beardslee, City Assessor y CI' E'TREASURER 2804 231. 343. RE: December 9,2008 Board of Re ew meeting WA7FJ2 BiLLi? V(; 2554 231J? 3. Enclosed please find a Board of Review Record and Board of Review Minutes for the Anmu\TisranrtoN December 9,2008 meeting: t,:,. 1546 231. 723. CLERKITREASURER The Board of Review Record is separated by valuation and non valuation decisions. t:,, N 5410 231. 723. Please, carefully note the year of the Board of Review decision_ POLIC'F. DEPARTMEM' 70 Maple Street Please note that the enclosed is submitted as an affidavit to fulfill the tenets of 2$ 231. 7 3323. 211.53b, F,. 1- 231. 012 3 48. MCLA, Section (1). An excerpt from this section states: FIRE DEPARTNIENT If approved, the board of review shall file an affidavit within 28I First Street 30 days relative to the errors or mutual mistake with the proper 1549 231. 723. P. ax 231. officials who are involved with the assessment figures, rate of 3519 723. taYation,or inathematical computation and all affected afficial PuBuc Wouus records shall be corrected. If the error or mutual mistake 280 Washington St. results in an overpayment or under payment, the rebate, 7132 231. 723. I" nk 231. 1$€7 3323. including any interest paid,shall be made to the taxpayer or the PAR[iS DEPAR" 1F_ CT N n- taxpayer shall be notified and payment made within 4051 731. 723. 30 days of the notice. A rebate shall be without interest. WATER MA[ NTERANCE 3641 231. 723. Thank you. VATER WAS7' E\PLAN1' 0 N1nCh St. cc: Mitch Deisch 1553 231. 723. enc: l e n~ ~~ y~~ 4ocLtf~ .  Page 1 of 2 MINUTES OF BOARD OF REVIEW - CITY OF MANISTEE MEETING HELD AT CITY HALL,70 Maple St., MANISTEE MI DECEMBER 9,2008 9: 00 A. M. The Board of Review was called to order at 9: m. on December 9,2008, in the 2na Floor 00 a. Conference Room at City Hall. Chairperson Ruth Ellen Pratt could not attend. Member poug Parkes; Member Fred Walter and Alternate Member John Rulison were present. Doug Parkes moved that Fred Walter be appointed the Chairperson of the meeting and John Rulison seconded the motion, approved unanimously. Julie Beardslee, City Assessor and Secretary of the Board of Review was present. The Board's responsibility at the December Board of Review is to correct clerical errors and mutual mistakes of fact as related to taxable and assessed values for 2007 and 2008. The Board could decide Principle Residence Exemption filings for 2005,2006,2007,and 2008.Poveriy Exemption Applications for 2008 were decided. The Board of Review Record will list petitioners and decisions of the Board of Review. The record separates valuation and non valuation appeals.Any pertinent information submitted with the appeals will be found in each parcel record file. There was a motion by Doug Pazkes seconded by Fred Walter,to approve the minutes and record of the July 22,2008 Board of Review meeting. The motion passed unanimously. Board members were provided copies of the minutes and record. The Board was reminded that the ad for the December Board of Review meeting was in the Manistee News Advocate on November 25,2008 and the Notice for Application to the Board of Review for a regular and an alternate member was published by the City Clerk.Ruth Ellen Pratt's regular member term and alternate member Jerry Duchon's term are expiring. There have been two applicants for the open positions. The Manistee City Council will appoint the new member at the December 16,2008 meeting. It was noted that the inflation rate,expressed as a multiplier,to be used in the 2009 Capped Va1ue formula is 1. 044. The City Assessor reported that the Equalization Department has concluded their equalization study using sales studies to project the true cash value for 2009. The sales ratio studies which compare sale prices to assessed values, indicate a 6. 34% decline in 2009 for residential property, compared to a flat value last year, a 4. 78% increase in residential market value the year before, compared to a 6.3 6% increase the year before that. The commercial class was flat for 2009, same as 2008, and a 14.21 % increase the year before that.The industrial class study is not complete. These changes in market value establish the a. mount of assessed value to be raised or lowered by the assessor in each class of property in the City of Manistee for 2009. A single year sales study was utilized in the residential class of property (sales from 10/ 071/thru 08), 9/ 3 0/which yielded 53.17% level of assessed value to market value,a 6. decline in value. 34% The two year sales study by the Equalization Department utilized sales from 4- 2006 1- through 2008. 3- 31-This study yielded a 51. 54% ratio of assessed to market value or a 3. 08% decline in value. The single year sales study was used because it utilized recent sales, indicating a greater decline in va,lue over the two year sales study. The use and establishment of the single year sales study was a coliabarative effort of the City Assessor and the Manistee County Equalization Department.  Page 2 of 2 The following handouts were distributed and discussed:Minutes of the July 2008 Board of Review, Board of Review Policies and Procedures, 2008 County millage rates (cover page),Conditional Rescission of Principal Residence Exemption Assessor's letter,Poverty Exemption Application for 2008, News Article about Poverty Exemption and Conditional Rescissions, 2008 Property Transfer List and Foreclosure List,Sta.te Tax Commission letters of 5- 08 23- &08 10- 2- regardi.ng Poverty Exemptions, STC Bulletin #6 Inflation Rate Multiplier, STC Bulletin #8 Tax and Collections Calendar.All copies distributed to the Board can be found in the December 2008 Board of Review file. The Secretary reported the tenta.tive hours for the 2009 Board ofReview as follows:Organizational session, March 3,2009, 9: m.until business is concluded. Appeal daxes, March 9,9: 00 a. 00 a. m. to noon and 1: m.to 4: 00 p. 00 p. March 10, 2: m., 00 p.m.to 5:00 p.m. and 6:00 p.m.to 9: 00 p. m. March 12 and 13 could be decision making sessions. The Board was asked to hold Thursday, March 12, 2009 and Friday, March 13,2009 open as possible decision making dates. m.,with a motion by Doug Parkes and a second by Fred Walter, The meeting adj ourned at 11:30 a. motion carried. PRESEIVT: ber Fred Walter Chairperson--'~ John Rulison Alternate Member Julie Beardslee Secretary  12/ 2008 10/- Page 1 of 1 80ARD OF REVIEW RECORD ASSESSED & TAXABLE VALUE FOR DECEMBER 9, 2008 CLASS CODES: 201 = COMMERCIAL, 301 = INDUSTRIAL, 401 = RESIDENTIAL, 250 = COMMERCIAL PERSONAL, 350 = INDUSTRIAL PERSONAL 450 = BUILDING ON LEASED LAND, 550 = UTILITY PERSONAL, 99 = REFERENCE ONLY, TE = TAX EXEMPT BD of Review Property # 51-51 Assessment Assessed Value Assessed Value Reason for Protest & Petition # N ame Mailing Address Class Code_ Year Protested Taxable Value Taxable Value Property Action 1 McDougall Electric P.O. Box 323 00 190- 170- 2008 $ 8, 000 8, 000 Value confirmed at $ Attn: Craig L. McDougall 8,000. No Personal Property East Lake MI 49626 250 8, 000 8, 000 Statement filed. Business located on the corner of Cleveland Street and Van Buren Street on 12- 0731-tax day. 3 Elaine Sutherland 155 Ford Street 04 270- 707- 2008 $ 35,700 0 700% Poverty Exemption granted. Manistee, MI 49660 401 35, 700 0 5 Leaf Financial Corp. 2005 Market Street, FL 15 00 490• 409- 2008 $ 4, 100 0 Leased expired May 27 2007 cc: Hokanson Camera & Office Philadelphia, PA 19103 99 4, 100 0 Equipment  12I10/2008 Page 1 of 1 BOARD OF REVIEW RECORD NON VALUAT/ON APPEALS FOR DECEMBER 9, 2008 CLASS CODES: 201 = COMMERCIAL, 301 = INDUSTRIAL, 401 = RESIDENTIAL, 250 = COMMERCIAL PERSONAL, 350 = INDUSTRIAL PERSONAI, 450 = BUILDING ON LEASED LAND, 550 = UTILITY PERSONAL, 99 = REFERENCE ONLY, TE = TAX EXEMPT Property # 51-51 Assessment Reason for Protest & Petition #Name Mailing Address Class Code Year Protested Property Action James C. Hanson 5571 Pembury 00 258- 14- 2008 100% Principal Residence Exemption denied. 100% West Bioomfield, MI 48322-4012 Principal 401 Residence Exemption in West Bloomfield. Not registered to vote in Manistee until July 21, 2008. Samuel P. Danks 267 First Avenue 09 270- 722- 2008 100% Principal Residence Exemption granted for 2008 Manistee, MI 49660 401 only.