What does the acronym "B.O.R." stand for in the context of Wisconsin assessment?

The acronym "B.O.R." stands for "Board of Review" in the context of Wisconsin assessment. This board plays a crucial role in the property assessment process by providing an avenue for property owners to challenge their assessments. The Board of Review is typically composed of local citizens who are responsible for reviewing appeals from property owners who believe their property has been overvalued or improperly assessed.

The process involves hearing testimony and evidence from both the property owner and the assessor. The Board of Review evaluates the information presented and can make adjustments to the assessment if they find it justified. This mechanism ensures transparency and fairness in property taxation, allowing residents to have a say in their property assessments and ensuring assessments are accurate, equitable, and in accordance with local property tax laws.

The other options, while they may seem plausible in different contexts, do not pertain to the specific function and significance of property assessment in Wisconsin. For instance, a Budgetary Operations Report relates more to financial management rather than property assessments, while Building Operations Regulation and Base Operational Records do not have direct relevance to the duties of property assessment or local governance in Wisconsin.