From the Town: Revaluation Information

Notices on new assessments have gone out; residents may request a hearing.

Revaluation notices for residential properties were mailed on Friday, December 14, 2012, to the record property owners, as of October 1, 2012. If you took ownership after this date you may review the new assessment values from our website, www.farmington-ct.org.

INFORMAL HEARINGS: Tyler Technologies, the revaluation firm that worked with the Assessor on the 2012 residential property revaluation, will make appraisal personnel available for the purpose of reviewing property values, beginning on December 19, 2012. Reviews will be scheduled by appointment only. The appraisers will discuss market values only. They will not be able to discuss tax rates or estimated tax bills. A change in value will be considered if the owner can demonstrate that the appraised value is in excess of market value. A request for review must be made by December 27, 2012.

Appointments may be made with Tyler by calling toll free phone number 1-888-773-7059 Monday through Friday between 8:30 a.m. and 4:30 p.m. 

Based on the Town’s experience with previous revaluations, the mill rate will CHANGE; therefore, DO NOT multiply the new assessment by the current mill rate.  

BOARD OF ASSESSMENT APPEALS:  If a property owner is not satisfied with the results of the informal review, they may appeal to the Board of Assessment Appeals by requesting a hearing in writing no later than March 20, 2013.   Appeal forms are available on our website.

Deborah Netto December 20, 2012 at 01:48 PM
Please tell me why there is no news about how the re vals have affected residential vs commercial property? We know the town council held off on releasing the information until after the election, now we seem to have a total news blackout on this issue that is going to mean a definite rise in taxes for property holders.
Kaitlin Glanzer December 20, 2012 at 01:52 PM
Hi Deborah, I can write up something really short about what has been said about reval so far. Basically what's been said is that residential values are not as bad as expected. How the mill rate fares in the budget process is another issue.
Jane Paquet December 20, 2012 at 07:53 PM
I'd also like information about this. How much has the "average" residential single-family property decreased (or increased) in value since the last reval? This would be helpful as a gauge to help know if our new assessments are "in the ballpark" of expected values, relative to the market.
Paul Chotkowski December 21, 2012 at 04:25 PM
Ms McCallum that would be outstanding. Thank you. I would be most interested to learn the actual numbers for the "swings" for example before the revaluation residential, commercial, total properties were valued at $X,$Y,$ Z and after they were valued at $A, $B & $C. Most citizens I talk with are concerned about the shift in valuation away from commercial and towards residential. Such a shift could have a significant negative impact on the town's residential property tax payers. Forget about increased spending. We can hold off on how much more the town wants to spend [oops should have said invest] and the resulting higher taxes for another day [oops again meant to say higher Revenue - I will never become accustomed to the new Progressive / Socialist speak]. Thank you so much for trying to get this information and to publish it. One would have thought it important and of sufficient value that the TC would have included a line or three it with our notifications. I truly hope the shift is "not as bad as expect" & I realize that any numbers are subject to the appeals process but actual numbers as known today would be a good starting point! Thanks again. Frankly, my speculation is that there will be a significant negative impact and the TC does not want the "No New Taxes" citizens of the town getting worked up earlier than necessary, for example a 3.5% "shift tax" & a 2.5% "increased spending tax" for a total of 6% increase in property taxes would be DOA IMHO can't wait to see!.


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