Politics & Government

Tolland Grand List Growth Almost Nonexistent

The 2012 list increased by .2 percent, which will bring in a total of $78,363.15 in additional tax money.

Tolland's 2012 grand list increased by only .2 percent this year, according to Assessor Jason Lawrence.

At the current mill rate of .02999, the growth would bring in an additional $78,363.15 in tax revenue for the town.

Growth for real estate, motor vehicles and personal property breaks down as follows:

Find out what's happening in Tollandwith free, real-time updates from Patch.

  • Real estate: increase of .27 percent, or $3,132,005. Three new accounts were added to the list this year. Real estate makes up 88.8 percent of the list with 81.09 percent residential and 7.70 percent commercial
  • Motor vehicles decreased .66 percent or $787,717. The number of vehicles decreased by 45. Car assessments are 9.19 percent of the grand list.
  • Personal property increased by 1 percent or $268,688. Fifty-one accounts were added to the list. Two percent of the grand list is comprised of personal property assessments.

Let Patch save you time. Get great local stories like this delivered right to your inbox or smartphone every day with our free newsletter. Simple, fast sign-up here.

"We've had a lot of people getting rid of a third car or buying a new one and downsizing from two," Lawrence said of the shrinking motor vehicle list.

Find out what's happening in Tollandwith free, real-time updates from Patch.

Town Manager Steven Werbner told the town council at its last meeting that grand list growth was going to be minimal. He suggested at the meeting that council members meet with Planning & Zoning Commission members to discuss zoning changes that could encourage more business development in town.

The community coversation on the budget is scheduled for Feb. 14 at 7:30 p.m. at the Fire Training Center.


Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.

We’ve removed the ability to reply as we work to make improvements. Learn more here