Real Property Tax Revaluation Alert
By: Philip C. Pires and Jason A. Buchsbaum
The following municipalities are scheduled to complete their revaluations in fall 2023: Avon, Barkhamsted, Bethany, Bethlehem, Bolton, Burlington, Canton, Chaplin, Cheshire, Chester, Darien, East Granby, Eastford, Essex, Franklin, Hampton, Harwinton, Kent, Killingly, Lebanon, Litchfield, Lyme, Madison, New Canaan, New Hartford, New London, Norfolk, Norwalk, Norwich, Old Saybrook, Rocky Hill, Scotland, Sharon, Sherman, Suffield, Union, Washington, Watertown, Weston, Wethersfield, Willington, Windham, Windsor, Windsor Locks, and Woodbury.
In these municipalities, the revaluation will fix real property tax assessments for the next five years. Taxpayers in these municipalities should pay attention to their assessments and applicable deadlines so that they do not lose the ability to challenge an unfair tax assessment.
By December 2023, most municipalities conducting revaluations will send property owners a notice of preliminary value and provide the property owner with a chance to meet with the revaluation company to discuss the preliminary value. This informal meeting, although not required, offers the taxpayer a valuable opportunity to obtain an assessment reduction early in the process and with minimal expense. While most taxpayers do not take advantage of this important step in the process, we encourage taking part in the informal meeting.
If the taxpayer does not pursue the informal meeting or is dissatisfied with the result of the informal meeting, the taxpayer has until February 20, 2024 (unless extended by the municipality) to apply for an assessment reduction to the local Board of Assessment Appeals (BAA). Without an appeal to the BAA, the taxpayer generally will be barred from arguing about their tax assessment until the next grand list the following year. The BAA will then schedule a hearing in March or April and issue a decision. That decision can be appealed to the Superior Court.
While the best time to challenge your assessment is in the first year of revaluation so that you can obtain the greatest benefit over a five-year period, tax assessments can be challenged any year on the same schedule outlined above. One of our experienced tax appeal attorneys can walk you through the process and analyze the costs and benefits of your potential appeal. Our tax appeal attorneys handle tax appeals throughout Connecticut. For a more in-depth description of the tax appeal process in Connecticut, please refer to this article: https://www.cohenandwolf.com/publication-51
Philip C. Pires and Jason A. Buchsbaum are members of the Property Tax & Valuation and Municipal Groups at Cohen and Wolf, P.C. Phil and Jason regularly represent municipal, corporate, and individual clients in all aspects of commercial and municipal litigation, including property tax appeals.
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