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Revaluation Looms in October

The revaluation is coming in October.  Despite the chance that some properties around town are going to see their assessments change, First Selectman Gordon Joseloff feels pretty confident this is no big deal.

“This is what they call a drive-by revaluation,” Joseloff said on Thursday. The previous night he told the Board of Finance the revaluation would be complete by Oct. 1, with an updated grand list available by January.

The last revaluation was in 2005. That time, it was the real deal: a complete look at properties all through town with an attempt to properly assess their value. The version underway now is more akin to an update, mostly looking at properties that have traded hands in the last five years.

Any adjustment made to the grand list would be used to determine the mill rate when the 2011-2012 budget is prepared and voted on. The state requires a full revaluation every ten years,

Tax Assessor Paul Friia was unavailable for comment as he is out of the office until Monday. Due to budget cuts and the loss of staff, Friia only keeps the tax assessor’s office open to the public weekdays until noon.

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