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Borough Will Meet with People Who Question Assessments

Anyone who wonders about their property valuations can discuss it with the Board of Assessment Appeals.

 

Do you have questions about your recent property assessments? If so, the borough wants to hear from you.

The borough announced this week that it is accepting applications for a hearing with the Board of Assessment Appeals. Naugatuck property owners can apply for a hearing between March 1 and March 20. Applications can be obtained at the Assessor's Office at Town Hall, 229 Church St., or on the borough's website, www.naugatuck-ct.gov, as of March 1.

The meetings will be held from 6 p.m. - 9 p.m. on Monday, April, 8, Wednesday, April 10, and Tuesday, April 16. Applicants will receive written notification of their meeting time. 

Appeals will be heard for the Oct. 1, 2012, Grand List: Residential, commercial, industrial, personal property and the motor vehicle 2011 Supplemental List.

The borough recently completed a revaluation that showed real estate values went down 26 percent on average. The report shows that utility property, such as that owned by the water company, dropped 19.5 percent. Industrial property values went down 17.6 percent, and commercial property values went down 3.8 percent. Because there are many more commercial properties than industrial, the weighted average of decline between commercial and industrial properties was about 5 percent, said Naugatuck Assessor George Hlavacek.

All told, in 2007, the total value of real estate property in Naugatuck was worth $1.8 billion; it is now worth $1.3 billion, a 26 percent drop.

Borough officials warned, however, that taxes will likely not go down anywhere near the rate of assessments.

Read more about the revaluation here.

Any questions about making appointments with the Board of Assessment Appeals may be directed to the Assessor’s Office at 203-720-7016.

Shah March 05, 2013 at 03:14 PM
If the taxes will not go down because of lower assessments values of the properties, So it means the mill rate will be increased or what?
SuperDave March 05, 2013 at 04:44 PM
That is correct. The mill rate will increase. That will mean you will pay more for auto taxes. The problem is spending keeps going up even though the town is shrinking. So, the burden for paying for the spending falls on to property owners and businesses. Since no one in their right mind would open a business in Naugatuck at this time, the burden will be covered by tax on personal property. If your house drops in value, the town simply raises the mill rate. The best we can hope for is a net effect of zero in taxes paid. However, I bet local politicians see this as an opportunity to get more money from us and then can blame the decline in housing values rather than their desire to keep spending more rather than cutting budgets. As I have stated many times before, all out houses will be worth $50K and our taxes will be $50K very soon. We are in the spiral now. Property value goes down, mill rate goes up, then property value drops more due to a high mill rate, mill rate goes up...... Just like Waterbury in the 80's. That only got fixed when the state took over the finances and made hard choices. here, we just keep spending.
Tax Man March 05, 2013 at 05:47 PM
Super Dave you are correct and to make it worse our Burgesses and others continue to spend as drunken sailors. No offense to sailors. It almost seams to be a daily occurrence in the newspaper only to find purchases such as Andrew Mountain and GDC that we didn't have to have. This doesn't even address all the new vehicles, contracts, upgrades and so on.... I think they have been drinking the fiscally irresponsible cool aid from our Governor and Washington. Just remember there is no spending problem.........
Ronald J Merancy March 05, 2013 at 08:27 PM
And not everyone's property went down an average 20% .The people whose revaluation was reduced only slightly, will pay even MORE in taxes... this is not an across the board everyones shares equally tax increase..example a house on Andrew Mtn Road old valuation was 233,540, new is 202,970 a reduction of 13%, another house on Andrew Mtn, old value 278,880 new value 201,570, a reduction of 28%. You tell me how a house worth 45K more on old value is now worth 1 K less on new value? And the house which held the higher value is a NEWER house...Does that seem right? I think not!
brutus March 06, 2013 at 01:30 AM
can't wait to pay the same taxes on my Kia that the guy in Greenwich will pay for his Ferrari.
Tax Man March 06, 2013 at 03:12 AM
The entire car tax was supposed to expire after the 1991 introduction of our State income tax as it was the fix all for all our issues. The problem was it was not expired as it should have been and has been a crux for all municipalities for just more revenue in there mismanagement of their spending.
Ronald J Merancy May 07, 2013 at 01:39 PM
Well, they met with me. I asked them to please tell me why my house assessment was reduced "only" 13% and everyone in my neighborhodd was reduced 25 to 29%, they did not know. I aske dthem why a house that was assessed at 50,000 more than mine on the last assessment is not assessed less than mine, they did not know. I asked to to please review my assessment and move it more in line with eveyr one elses... I asked them to make it a 20% ( which is still much less than all the others) I thought that was a fair compromise. They send me a letter saying my request was denied. No reason, just denied. What a waste of time! Not even the courtesy of telling me why.

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