What is CT grand list?

State of Connecticut Office of Policy and Management The Grand List is the aggregate valuation of taxable property within a given town.

What are tax lists?

Annual tax lists can help establish ages, residences, relationships, and the year an individual died or left the area. They can be used in the place of missing or destroyed land and census records. Some of the early records are called quitrents, tithables, and poll (head) taxes.

What is a grand list Vermont?

The Grand List contains information on each parcel such as the property owners name and mailing address, property location and size, and the assessed value. This information is based on the owner of record on April 1st each year.

How do property taxes work in CT?

Connecticut Property Tax Rates A mill rate is equal to $1 in taxes for every $1,000 in assessed value. To calculate your tax based on your mill rate, divide your assessed value by 1,000 and multiply the result by your mill rate. An effective property tax rate is equal to taxes paid as a percentage of home value.

How is property assessed in CT?

In Connecticut, an assessment is equal to 70% of a property’s estimated Fair Market Value as established by the Assessor in a revaluation year. Real estate revaluations are performed on a periodic schedule, established by State Law. Fairfield’s latest revaluation will be effective for the Grand List of October 1, 2020.

What is the mill rate in Newington CT?

36.59 mills
The mill rate for fiscal year 2017-18 is 36.59 mills, up 0.84 mills from 2016-17.

How can I lower my property taxes in CT?

State law provides a property tax credit program for Connecticut homeowners who are elderly or totally disabled, and whose incomes do not exceed certain limits. Property tax credit can be up to $1,250 for married couples and $1,000 for single people. Credits are based on a graduated income scale.

What town in CT has the lowest property taxes?

Salisbury has the lowest mill rate out of any town at 11. It’s followed by Greenwich at 11.59.

Why are Connecticut taxes so high?

Numerous lawmakers, labor groups and policy organizations are now leading a push to increase income taxes on Connecticut’s wealthy, including raising the top rate, adding a surcharge to capital gains and instituting a statewide property tax on homes assessed over $330,000.

Which town in CT has the lowest taxes?

It’s followed by Hartford at 74.29, Waterbury at 60.21, Hamden at 52.44 and New Britain at 49.50. Salisbury has the lowest mill rate out of any town at 11. It’s followed by Greenwich at 11.59.

Do you pay property tax on leased vehicles in CT?

Connecticut car owners, including leasing companies, are liable for local property taxes. Most leasing companies, though, pass on the taxes to lessees. Lessees should examine the lease agreement to determine who is responsible for paying the tax.

At what age do you stop paying property taxes in CT?

The law allows towns to freeze property taxes on homes owned by people age 70 or older who have lived in the state at least one year (CGS § 12-170v). The freeze can also apply to a surviving spouse who is at least age 62 when the homeowner dies.