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Taxable property totals, property assessments rise in Southington
Taxable property totals, property assessments rise in Southington
Applegate Estates off Flanders Street in Southington, Fri., Mar. 22, 2019.  Dave Zajac, Record-Journal
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February 05, 2021 05:47PM
By Jesse Buchanan, Record-Journal staff
SOUTHINGTON – A revaluation of properties in town and new housing construction led to a jump of 6.7 percent in total taxable property value.
The total of taxable real estate, personal property and vehicles is compiled yearly in the grand list. Town officials released the 2020 list this week which will be used to set the tax rate for the 2021-22 budget.
Without raising the tax rate, taxable property added to the town’s rolls last year would give town government more than $1.5 million in additional revenue. The new grand list contains a total of $4.4 billion in real estate, motor vehicles and personal property. ....

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