Naugatuck s grand list increases nearly $3 5 billion mycitizensnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mycitizensnews.com Daily Mail and Mail on Sunday newspapers.
Published March 16. 2021 4:52PM | Updated March 16. 2021 10:10PM
New London The city’s grand list of taxable properties grew by 1.39% as of Oct. 1, 2020, helped along by increases in the value of commercial and residential property, motor vehicles and personal property.
The overall 2020 net taxable grand list totaled $1.51 billion, up by $20.7 million from a year prior, when the grand list rose by 2.95%.
Net taxable real estate increased by $9.24 million, a 0.75% increase. Taxable personal property grew by more than $4 million to $155.2 million, an increase of 2.7%. Motor vehicle values rose by 6.6% to $119.5 million.
Tax-exempt properties totaled $942,995, a 1%, or $10.1 million, drop from a year prior.
New London s top 10 taxpayers, which remained the same from a year prior, had a combined net assessed value of $242.4 billion. Electric Boat real estate holdings make up 4.38% of the city s total grand list.
The Day - Waterford grand list increases by 1 71% - News from southeastern Connecticut theday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theday.com Daily Mail and Mail on Sunday newspapers.
Monroe grand list edges upward during pandemic
Brian Gioiele
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Monroe Town Hall Offices at 7 Fan Hill Road in Monroe, Conn. on Monday May 13, 2013.Cathy Zuraw / Cathy Zuraw
MONROE The town’s grand list increased slightly over the previous year offering some positive economic news as officials prepare the 2021-22 fiscal year budget.
The net grand list sits at $2,242,728,056 in total assessments, which is 70 percent of market value. The total is an increase of about $17.7 million from 2019, according to a preliminary grand list report completed by Assessor Justin Feldman and submitted to the first selectmen’s office earlier this month.
PROSPECT â The townâs 2020 net grand list increased 3% from 2019.
A municipalityâs net grand list is a tabulation of the assessed taxable values of real estate, personal property and motor vehicles.
The 2020 grand list is $896.6 million, an increase of nearly $24.3 million from 2019.
âI think it shows that the town is, in fact, doing very well,â Mayor Robert Chatfield said about the growth.
An increase in real estate values drove the overall grand list growth. The assessed value of real estate increased by about $17.9 million, or 2%, to $766 million.
Assessor Betsy Quist attributed the increase mostly to a recently completed property revaluation. She said a breakdown of the impact of revaluation on specific types of properties, like single-family homes, wasnât available.