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:
- 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.
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"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.
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.