Board of Review

MINUTES OF BOARD OFREVIEW- CITY OF MANISTEE MEETING HELD AT CITY HALL, 70 Maple St., MANISTEE MI DECEMBER 9, 2014 9:00 A.M. The Board of Review was called to order at 9: 10 a.m. on December 9, 2014 in the 2nd Floor Conference Room at City Hall. Chairperson Therran Ferguson,Members Ed Kriskywicz and Alternate Member Erin Pontiac were present. Lynda Beaton was excused, she was called away for family matters. Julie Beardslee, City Assessor and Secretary to the Board of Review was present. The Board' s responsibility for the December Board ofReview is to correct clerical errors and mutual mistakes offact as related to taxable and assessed values for 2013 and 2014. The Board could decide Principle Residence Exemption filings for 2011, 2012 and 2013. Poverty and Veteran Exemption Applications for 2014 will be decided. The December Board ofReview Summary lists petitioners and decisions ofthe Board ofReview. Any pertinent information submitted with the appeals will be found in each parcel record file, with the petition filed for each appeal. There was a motion by Ed Kriskywicz, seconded by Therran Ferguson to approve the minutes and record ofthe July 22, 2014 Board ofReview meeting. The motion passed unanimously. The Board was reminded that the ad for the December Board ofReview meeting was in the Manistee News Advocate on November 24, 2014. The Notice for Application to the Board of Review for a regular member and an alternate member, was published by the City Clerk. A Board of Review member and alternate member will be appointed by Council on 12- 16- 14. Therran' s term as a regular member expires 12- 31- 14 and Erin Pontiac' s term as an alternate member expires 12- 31- 14. Therran Ferguson and Erin Pontiac received blank applications and were encouraged to reapply to the Board. It was noted that the inflation rate as established by the State ofMichigan and expressed as a multiplier for the 2015 Capped Value formula, is 1. 016. This would indicate a 1. 6% increase in capped value for 2015, exclusive ofnew construction, omitted property, demolition, etc. and the uncapping oftaxable value. The final taxable value cannot rise above the final state equalized value. The Manistee County Equalization study ratios for the 2015 base value indicate a 1. 91% increase in the assessed value of the residential class ofproperty, using a two year sales study, 10- 1- 12 through 9- 30- 14. The one year study indicates a 4. 18% increase in the residential class using sales from 10- 1- 13 thru 9-30- 14. The one year sales study is not used to establish the base value in an increasing market. A one year study is used, only in a declining market, per State Tax Commission directive. Tentative equalization study ratios( through appraisal) for the commercial class of property indicate a 2.4% decline and the tentative industrial study indicates a. 1398% decline. Assessor review of the commercial and industrial classes may change the tentative commercial and industrial ratios of assessed to true cash value. These studies will project changes in market value and establish the amount of assessed value to be increased or decreased by the assessor in each class of property for 2015. These changes, in turn, will affect the 2015 taxable value in the City. Tentative March 2014 Board ofReview dates areas follows: Organizational meeting, March 3, 2015, 9: 00 am until business is concluded. Appeal dates, March 9, 2015, 9am to noon& 1pm to 4pm and March 10, 2pm to 5pm& 6pm to 9pm. Members and alternates should record these dates and will inform the City Assessor, with as much advance notice as is possible, if they are unable to attend. This  will allow an alternate member to serve on the Board of Review. There were handouts and discussion ofthe following: Poverty Exemption Application for 2014. The Board met until 11: 15 a.m., when the meeting adjourned with a motion by Erin Pontiac and seconded by Therran Ferguson, the motion carried. RESPECTFULLY SUBMITTED: Julie Beardslee, Secretary U/ 12/ 2014 2014 Dec. BOR Change Summary Page: 1/ 2 09: 28 AM 0B: City Of Manistee 2015 Corrected Corrected Year Parcel Number Petition Assessed Taxable Assessed Taxable Corrected Corrected Owner/ Mail Addr. Docket Class School Value Value PRE/ MBT Transfer value Value PRE/ MBT EX Transfer 2014 51- 146- 724- 07 6 401 51070 39, 600 32, 368 100. 000 0. 000 0 0 100. 000 0. 000 GRENELL FAMILY TRUST 160 TAYLOR ST MANISTEE, MI 49660 2014 51- 354- 701- 09 1 401 51070 151, 800 151, 800 100. 000 0. 000 146, 600 146, 600 100. 000 0. 000 PARKES DOUGLAS A & KELLIE R 724 HARBOR DR MANISTEE, MI 49660 2014 51- 364- 704- 01 4 401 51070 40, 500 40, 132 0. 000 0. 000 40, 500 40, 132 100. 000 0. 000 CHEPPO ROBERT & TERESE 521 1ST ST MANISTEE, MI 49660 2014 51- 647- 705- 05 8 401 51070 37, 200 37, 200 100. 000 0. 000 14, 136 14, 136 100. 000 0. 000 HINKLE NORMA 10 LYNN CRT MANISTEE, MI 49660 2014 51- 654- 704- 03 5 401 51070 32, 100 28, 956 100. 000 0. 000 0 0 100. 000 0. 000 CONWAY HARRY & CAROL 294 SIXTH ST MANISTEE, MI 49660 2014 51- 662- 705- 01 11 401 51070 18, 600 18, 600 100. 000 100. 000 0 0 100. 000 100. 000 TUBA KAREN S 1000 DAVIS MANISTEE, MI 49660 014 51- 664- 702- 09 13 401 51070 36, 200 32, 225 0. 000 0. 000 36, 200 32, 225 100. 000 0. 000 MOWN ANN I MAGILL ST MANISTEE, MI 49660 014 51- 670- 715- 17 2 401 51070 47, 800 47, 800 100. 000 0. 000 47, 100 47, 100 100. 000. 0. 000 013 51- 670- 715- 17 3 401 51070 49, 400 49, 400 0. 000 0. 000 48, 700 48, 700 100. 000 0. 000 ITTLIEF MARK M fi DAWN F 63 TENTH ST MANISTEE, MI 49660 013 51- 748- 711- 12 10 401 51070 19, 000 19, 000 0. 000 0. 000 19, 000 19, 000 100. 000 0. 000 012 51- 748- 711- 12 9 401 51070 21, 000 21, 000 0. 000 0. 000 21, 000 21, 000 100. 000 0. 000 ITCHELL JORDAN 6 THORWELL ALISON 38 7TH ST MANISTEE, MI 49660 114 51- 748- 714- 01 7 401 51070 29, 400 29, 400 100. 000 0. 000 0 0 100. 000 0. 000 FADZEN DIANA R 13 ENGELMANN ST MANISTEE, MI 49660  12/_ 12/ 2014 2014 Dec. BOR Change 09: 28 AM Summary Page: 2/ 2 DB: City Of Manistee 2015 Year Parcel Number Petition Corrected Corrected Assessed Taxable Owner/ Mail Addr. Assessed Taxable Corrected Docket Class Corrected School Value Value PRE/ MBT Transfer Value Value PRE/ MBT EX Transfer 2014 51- 748- 732- 07 12 401 51070 19, 300 19, 300 100. 000 0. 000 NIEMIEC SUSAN LEE 0 0 100. 000 0. 000 913 HIGH ST MANISTEE, MI 49660 373, 236 368, 893 Winter PRE Change THE BOARD OF REVIEW OF CITY OF MANISTEE, MANISTEE COUNTY, MICHIGAN HEREBY AFFIRMS THAT THE ABOVE INFORMATION IS CORRECT TO THE BEST OF OUR KNOWLEDGE Signatures of Board of Review Members Member Z3-1 ,. mil Membe, Memb Member Member j Dated 2- 45--/ ii` ATE • l2•! 2• 0! 4_