Groton ― The town’s grand list of taxable properties grew in 2022 by approximately $58 million, or 1.3%, to about $4.7 billion, with the growth primarily driven by a new Electric Boat building, the to.
Groton Groton s 2020 net grand list of taxable property increased by 0.9%, or by $32,168,810 over the town s 2019 list. The total 2020 net grand list stands at $3,742,051,577.
Total net real estate in 2020 edged up by $11,038,484, or 0.3%, to $3,261,412,743. The personal property category ticked up by $1,549,161, or 0.6%, to $254,062,529. The motor vehicle category grew by $19,581,165, or 9.5%, to $226,576,305.
Tax Assessor Mary Gardner said residential real estate is plugging along with 15 new single-family dwellings, building permits for improvement projects, and a few new lots in town. She said commercial real estate is pretty much standing still, while industrial real estate in experiencing growth in two industrial park expansions.
Typically, personal property would lose ground as assets depreciate off the grand list, Gardner said. However, she said the town has been listing and valuing construction equipment at a few large construction sites four new schools, the w