(1) The order of the circuit court made under s. 66.0203 (8) or (9)
(f) may be appealed to the court of appeals.
(2) The decision of the board made under s. 66.0203 (9) is subject to judicial review under ch. 227.
(3) Where a proceeding for judicial review is commenced under sub. (2), appeal under sub.
(1) may not be taken and the time in which the appeal may be taken does not commence to run until judgment is entered in the proceeding for judicial review.
(4) An incorporation referendum ordered by the circuit court under s. 66.0203 (9)
(f) may not be stayed pending the outcome of further litigation, unless the court of appeals or the supreme court, upon an appeal or upon the filing of an original action in the supreme court, concludes that a strong probability exists that the order of the circuit court or the decision of the board will be set aside.