The Assessor's primary objective is to ensure that all taxable property located within a town is assessed in accordance with applicable law so that the appropriate share of the total property tax burden is shared by every property owner. To accomplish this objective, assessors must discover, list and equitably value all property within their jurisdictions. In addition, they are responsible for reviewing and approving various forms of property tax relief.
The result of these efforts is the Grand List: a record of all the taxable and tax-exempt property in a particular town. The assessor is required to complete and sign the grand list by January 31st of each year.
Your taxes are calculated by taking your assessment times the mill rate. The mill rate is determined by the yearly budget. The budget there for determines the yearly change in your taxes on a non revaluation year when you have not made any changes to your property. The mill rate for this tax year will be set in June.
The state of Connecticut mandates that Motor Vehicles be priced according to the NADA pricing guides and then assessed at 70% of the Retail value. If a motor vehicle is twenty years old or older or it has an Antique license plate from DMV it will be assessed at $500.
Real estate assessments in Connecticut are calculated by taking 70% of the market value that is set as of the last Revaluation. Bridgewater's last revaluation was as of October 1, 2016.
If you have any questions, please feel free to contact us.