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To calculate the property tax, the authority multiplies the assessed value by the mill rate and then divides by 1,000. For example, a property with an assessed value of $50,000 located in a municipality with a mill rate of 20 mills would have a property tax bill of $1,000 per year. [5]
Property taxes are often noted as the “millage” or “mill rate.” A mill represents one-tenth of one cent, or one one-thousandth of a dollar. The mill rate is the amount of tax you pay for ...
Weston (/ ˈ w ɛ s t ə n / WES-tən) is a town in Fairfield County, Connecticut, United States. The population was 10,354 at the 2020 census and had the highest median income in the state of Connecticut. [1] The town is part of the Western Connecticut Planning Region. The town is served by Route 57 and Route 53, both of which run through the ...
In 2005, the mill rate of Fairfield was 16.67. [19] The 2012–2013 taxes in Fairfield rose 4% to a mill rate of 23.37. [ 20 ] The 2013–2014 mill rate which went into effect on July 1 for fiscal year 2013–2014 also increased by 2.38% to 23.93.
In an election year, Gov. Ned Lamont offered a wide-ranging package Wednesday that would cut taxes on real estate and automobiles. In a move similar to one favored by House Republicans, Lamont ...
Gov. Ned Lamont on Friday told Connecticut’s largest business group he’ll make property tax relief a priority this year and will leave to the General Assembly any action on business tax relief.
The town's grand list assesses the taxable value in Trumbull at $5.114 billion, with a 2017 mill rate of 33.39. The cumulative value of Trumbull real estate is $4.615 billion. Infrastructure
Fairfield County was established by an act of the Connecticut General Court in Hartford along with Hartford County, New Haven County, and New London County; which were the first four Connecticut counties, on May 10, 1666. From transcriptions of the Connecticut Colonial Records for that day: This Court orders that from the east bounds of Stratford