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i i 2009 Tax Board of Review Annual Report 2 Board Membership The following is a list of the Board members and when their term ends: Board Member Term Ends - December 31, Ernest Matsumura 2009 Harold Murata 2010 Reiko Ford 2011 Wesley Takai 2012 Wally Engstrom 2013 Member Wally Engstrom submitted a letter of resignation effective December 31, 2009. Activities Organizational Meeting The annual organizational meeting of the Board was held on March 2, 2009, at the Real Property Tax Conference Room in Hilo for the purpose of electing officers and establishing a tentative appeal hearing schedule for hearings to be held in both Hilo and Kona. A tentative O workshop date and place were also set and there was a general legal discussion of Chapter 19, as well as a discussion of any bills relating to assessments. The Real Property Tax Administrator, Mr. Stanley Sitko, informed the Members of the Board of Review Statewide Conference to be held in Honolulu on May 15th. Minutes from meetings held on October 14, 15 and 21, November 5, 12 and 13, and December 2 and 3, 2008, were approved. 2009 Board of Review Statewide Conference The Board of Review Statewide Conference was held on May 15, 2009, at the Best Western Plaza Hotel. There were approximately 100 guests in attendance including Board Members, Deputies Corporation Counsel and Real Property Tax Office Administrators and staff from four island counties: Oahu, Maui, Big Island and Kauai. Speakers included Paul Brewbaker, PhD. of TZ Economics, who did a presentation on the Aspects of the Financial Crisis, and Lowell Kalapa, of Tax Foundation of Hawaii, who spoke on the inequities of real property and income tax systems. Interactive sessions were also held between the Attorneys, Board Members and County Appraisers. Workshop A workshop was held on June 17, 2009, at the Hilo Yacht Club with Board Members, including newly appointed Member Wally Engstrom, and Real Property Tax Office administration, appraisers and support staff in attendance. Also present were Nancy Crawford, Finance Director, and Deputies Corporation Counsel Craig Masuda and Molly Lugo.