WAAO Education Meeting Minutes

November 10, 2006

Fitchburg City Hall

The meeting was called to order at 10:05 by Chairman Pete Krystowiak. Members present: Paul Klauck, Ryan Raatz, Bill Briggs, Roseanne Recklin, Mary Watson, Jim Young, Matt Tooke, Paul Koller and Joyce Frey Absent: None

First item on the agenda was an introduction of all members. We welcomed our 2 new members: Matt Tooke and Ryan Raatz. The rest of the committee members gave a quick introduction and stated how long they have been on the Education Committee and on what level they served the committee.

Pete then reviewed the committee description and duties of the committee. We talked about the committee and program sub-committee and the duties of each. Pete shared that we previously had Paul Koller, Paul Klauck and Joyce Frey who have been putting on the Quarterly Meeting Education Session for about the last 5 years. The three members of the sub-committee have asked to step down for a year or two and would like to have someone new with some fresh ideas. We discussed whether we wanted to continue with the sub-committee or just have the Education Committee members each pick a meeting to take on the education. After much discussion, the following decision was made: Jim Young and Ryan Raatz will serve as the sub-committee with Joyce Frey being the liason or transitional person for the upcoming year. At the end of that year, Paul Koller expressed an interest as coming back as the liason. Jim Young felt that we should focus our education on professional standards in conjunction with the purpose of WAAO.

Paul Klauck reported on the education session for the December Quarterly meeting. He has arranged for the personal property committee to sponsor the December session. The course has been approved by the Department of Revenue for 3 appraisal hours. The MC for the session will be Mike Patnode, Chair of the Personal Property Committee. Instructors for the course will be Mike Kurth, John Meyer and Mark Schlafer.

Mary Watson reported that we have 40 people signed up for the November IAAO Course 102 to be held in Fitchburg. She reported that will be have a strong showing from the Department of Revenue this year with approximately 75 percent coming from the Department. The course fee was not increased and the instructor is Mike Ireland. The committee toured the room where the course will be held. We expressed our appreciation to Mary for once again, a job well done in organizing this course.

Next item of discussion was WAAO involvement with the WTA Association Convention assessor education. Joyce gave a brief history on how WAAO got involved with the WTA. We discussed WAAO involvement with the League Conference. After must discussion, we agreed on the following: that we would like to have the WTA set up an Assessor Education Committee to plan and develop courses for the rural assessor, we would supply a member or two from our committee to assist, we would not be solely responsible for setting up the education session for the WTA and lastly we would like some input from the Rural Concerns Committee as to what they would like from us. Ryan will get back to us after he hears from the Rural Concerns Committee.

We set our meeting schedule for next year. We chose February 9, 2007, June 22, 2007 and October 26, 2007 as our tentative meeting dates for next year.

We went around the table with each person giving their ideas for possible courses and speakers for the upcoming year. Each member came up with some ideas and we worked together to come up with speakers that we thought might contribute to the presentation. Pete started: he had Jim Sieber’s Construction Class from the IAAO conference in Milwaukee (with the addition of a realtor to discuss market trends or a commercial builder to talk about building material trends), a 7 hour course from the Appraisal Institute called Residential Design and Functional Utility by Richard Heyn. Bill stated that he thought he took the course on line and he didn’t have a favorable opinion of the course. Paul Klauck suggested: the attorney with the Realtors Association to discuss transfers, flipping, LLC with no transfers, course on developing cap rates (have a name of an author from a publication). Bill’s issues were: subsidized housing having some type of template that would include all approaches with a discussion on court cases-possible speakers Don Millius and Sharon McCabe, session on the updates to chapter 9 in the WPAM. Roseann would like to see education sessions recorded and that WAAO have a library with the recorded sessions available to check out for everyone. Mary would like to see a course on public relations, how to review commercial sales (in some standardized format), how to review a exemption (possible speaker Kathy Isleb), a speaker from the Lincoln Land Institute or Todd Berry from the State to discuss tax policy. Joyce had an idea for workplace safety (in the office, out in the field, in your car) possible speakers would be CVMIC, Capitol Police or the Appleton Police. Ryan discussed having the meth lab course again but to include trespass. She would like to see a course on business structure and the benefits of each type (LLC vs LLP), a session from those who have gone to court recently and give tips on the good and bad things that they did, having some tax reps come (possible speakers Ed Atwood, Tax Manager from Target) and discuss how they challenge assessments and more hands on training. Jim would like a review of the cost approach from Marshall and Swift (both residential and commercial), statistical analysis possible speaker Brad Theine. Matt would like hands on training, analyzing final numbers, CAMA modeling from start to finish, basic income approach with examples, lender and creative financing, validation of sales; how to, personal property, development: how do they decide to develop and costs involved. Paul Koller felt we needed public relations with a focus on assessor complaints, how we communicate during open book, revaluations, press and councils (discussion that this may have been done 3 years ago at the WTA). Pete also would like exemption issues and residential land valuation-raw and improved.

We decided on the following topics for the Winter Thaw: Jim Siebers’ IAAO presentation along with a realtor or builder for the 2^nd half of the presentation and the attorney for the Realtor Association and a lender. For the Quarterly we are looking at safety at work with CVMIC and the meth lab presentation.

Pete handed out a list from one of the last education session with education ideas that were submitted from the WAAO members.

We adjourned at 2:05 pm.

Respectfully submitted, Joyce Frey WAAO Education Committee Co-Chair