SB572,6,54 (b) 1. The hearing described under sub. (2) (c) may be a joint hearing held by
5all of the involved planning commissions.
SB572,6,106 2. Each municipality that is a part of the district shall be responsible for
7complying with the notice requirements described under sub. (3) (e) for property or
8parcels that are located within its own jurisdiction and for determining whether the
9thresholds described in subs. (2) (d) and (4m) are met with regard to owners of
10property that is located within its own jurisdiction.
SB572,6,1411 3. The chief executive officers of each of the municipalities that are a part of the
12district shall enter into an agreement that specifies how the members of the board
13shall be appointed under sub. (3) (a). All board members shall be confirmed by each
14local legislative body.
SB572,6,2115 4. The board, or each municipality that is a part of the district, shall conduct
16all functions described under sub. (3) except that to take effect, any actions that
17require local legislative body approval under sub. (3) must be approved by the local
18legislative body of each of the municipalities that is a part of the district. If one or
19more local legislative bodies fail to approve an item that must be so approved, as
20described in sub. (3), before the first day of the 7th month beginning after the first
21local legislative body approves the item, the district shall terminate.
SB572,7,422 5. Each municipality shall be responsible, as described under sub. (4), for
23imposing, collecting, and depositing special assessments for those parts of the
24district's property that are located within its own jurisdiction, and for depositing all
25other appropriations or other moneys received by the municipality, as described

1under sub. (4), that relate to property that is located within its own jurisdiction.
2Funds collected by each municipality that is a part of the district shall be deposited
3by that municipality into a segregated account at a financial institution of the
4municipality's choice.
SB572,7,65 6. A multijurisdictional business improvement district may not be converted
6into a neighborhood improvement district under sub. (4g).
SB572,7 7Section 7. 66.1110 (3) (c) of the statutes is amended to read:
SB572,7,198 66.1110 (3) (c) At least 30 days before creation of the neighborhood
9improvement district and adoption of its initial operating plan by the municipality,
10the planning commission has held a public hearing on its proposed neighborhood
11improvement district and initial operating plan. Notice of the hearing shall be
12published as a class 2 notice under ch. 985. Before publication, a copy of the notice,
13together with a copy of the proposed initial operating plan and a copy of a detail map
14showing the boundaries of the proposed neighborhood improvement district, shall be
15sent by certified 1st class mail to all owners of real property within the proposed
16neighborhood improvement district. The notice shall state the boundaries of the
17proposed neighborhood improvement district and shall indicate that copies of the
18proposed initial operating plan are available from the planning commission on
19request.
SB572,8 20Section 8. 66.1110 (3) (e) of the statutes is amended to read:
SB572,8,221 66.1110 (3) (e) The local legislative body has voted to adopt the proposed initial
22operating plan for the neighborhood improvement district. The local legislative body
23shall publish a class 2 notice under ch. 985 regarding the meeting at which the local
24legislative body will vote on whether to adopt the proposed initial operating plan for
25the neighborhood improvement district. Before publication, a copy of the notice shall

1be sent by certified 1st class mail to all owners of real property within the proposed
2neighborhood improvement district.
SB572,9 3Section 9. 66.1110 (4) (c) of the statutes is renumbered 66.1110 (4) (c) (intro.)
4and amended to read:
SB572,8,115 66.1110 (4) (c) (intro.) The board shall prepare and make available to the public
6annual reports describing the current status of the neighborhood improvement
7district, including expenditures and revenues. The report shall include an
8independent certified audit of the implementation of the operating plan obtained by
9the municipality. The municipality shall obtain an additional independent certified
10audit upon termination of the neighborhood improvement district.
any of the
11following:
SB572,10 12Section 10. 66.1110 (4) (c) 1. of the statutes is created to read:
SB572,8,1613 66.1110 (4) (c) 1. If the cash balance in the segregated account described under
14sub. (5) equaled or exceeded $300,000 at any time during the period covered by the
15report, the municipality shall obtain an independent certified audit of the
16implementation of the operating plan.
SB572,11 17Section 11. 66.1110 (4) (c) 2. of the statutes is created to read:
SB572,8,2318 66.1110 (4) (c) 2. If the cash balance in the segregated account described under
19sub. (5) was less than $300,000 at all times during the period covered by the report,
20the municipality shall obtain a reviewed financial statement for the most recently
21completed fiscal year. The statement shall be prepared in accordance with generally
22accepted accounting principles and include a review of the financial statement by an
23independent certified public accountant.
SB572,12 24Section 12 . 66.1110 (4) (cg) of the statutes is created to read:
SB572,9,12
166.1110 (4) (cg) For calendar years beginning after December 31, 2023, the
2dollar amount at which a municipality is required to obtain an independent certified
3audit under par. (c) 1. and the dollar amount at which a municipality is required to
4obtain a reviewed financial statement under par. (c) 2. shall be increased each year
5by a percentage equal to the percentage change between the U.S. consumer price
6index for all urban consumers, U.S. city average, for the month of August of the
7previous year and the U.S. consumer price index for all urban consumers, U.S. city
8average, for the month of August 2022, as determined by the federal department of
9labor. Each amount that is revised under this paragraph shall be rounded to the
10nearest multiple of $10 if the revised amount is not a multiple of $10 or, if the revised
11amount is a multiple of $5, such an amount shall be increased to the next higher
12multiple of $10.
SB572,13 13Section 13 . 66.1110 (4) (cr) of the statutes is created to read:
SB572,9,1614 66.1110 (4) (cr) The municipality shall obtain an additional independent
15certified audit of the implementation of the operating plan upon termination of the
16neighborhood improvement district.
SB572,14 17Section 14 . 66.1110 (4) (e) of the statutes is created to read:
SB572,9,1918 66.1110 (4) (e) With regard to any 1st class mailings that are required to be sent
19under this section:
SB572,9,2120 1. The mailings shall be sent by the municipality itself or by a mailing house
21service selected by the municipality.
SB572,9,2522 2. The municipality may fulfill any notification requirements by sending only
23one notice to any person who owns multiple properties within the neighborhood
24improvement district. The notice shall list all affected properties or parcels owned
25by the person.
SB572,10,3
13. The municipality shall ensure that a statement appears on the face of the
2envelope indicating that the correspondence is official neighborhood improvement
3district business.
SB572,15 4Section 15. 66.1110 (4m) (c) of the statutes is amended to read:
SB572,10,125 66.1110 (4m) (c) At least 30 days before annexation, the planning commission
6has held a public hearing on the proposed annexation. Notice of the hearing shall
7be published as a class 2 notice under ch. 985. Before publication, a copy of the notice,
8together with a copy of a detail map showing the boundaries of the territory proposed
9to be annexed to the neighborhood improvement district, shall be sent by certified
101st class mail to all owners of real property within the territory proposed to be
11annexed. The notice shall state the boundaries of the territory proposed to be
12annexed.
SB572,16 13Section 16. 66.1110 (5) of the statutes is amended to read:
SB572,10,2514 66.1110 (5) All special assessments received from a neighborhood
15improvement district and all other appropriations by the municipality or other
16moneys received for the benefit of the neighborhood improvement district shall be
17placed in a segregated account in the municipal treasury. No disbursements from
18the account may be made except to reimburse the municipality for appropriations
19other than special assessments, to pay the costs of audits and reviewed financial
20statements
required under sub. (4) (c) or on order of the board for the purpose of
21implementing the operating plan. On termination of the neighborhood improvement
22district by the municipality, all moneys collected by special assessment remaining in
23the account shall be disbursed to the owners of specially assessed property in the
24neighborhood improvement district, in the same proportion as the last collected
25special assessment.
SB572,17
1Section 17. 66.1110 (6) (b) 3. of the statutes is amended to read:
SB572,11,132 66.1110 (6) (b) 3. Within 30 days after the filing of a petition under par. (a) 1.
3or 2., the planning commission shall hold a public hearing on the proposed
4termination. Within 30 days after the deadline for filing a petition under par. (a) 3.
5passes, the planning commission shall hold a public hearing on the proposed
6termination. Notice of the hearing shall be published as a class 2 notice under ch.
7985. Before publication, a copy of the notice, together with a copy of a detail map
8showing the boundaries of the neighborhood improvement district, shall be sent by
9certified 1st class mail to all owners of real property within the neighborhood
10improvement district. The notice shall state the boundaries of the neighborhood
11improvement district and shall indicate that copies of the operating plan are
12available from the planning commission on request and are posted in the building
13in which the municipality's governing body regularly holds its meetings.
SB572,18 14Section 18. Initial applicability.
SB572,11,1615 (1) With regard to notices that are required to be sent, this act first applies to
16notices that are sent on the effective date of this subsection.
SB572,11,1717 (End)
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