Cheshire’s Grand List Grows By $110.6M

CHESHIRE, CT — Cheshire’s grand list for Oct. 1, 2025, saw an increase of 2.74 percent, or $110.6 million, over the previous year, Town Manager Sean Kimball announced this week.

The net grand list for Oct. 1, 2025, has been finalized at $4.14 billion, according to a news release. The grand list is an assessment of all taxable and non-taxable real estate, personal property, motor vehicles, and exemptions.

The change in the net grand list was reflected in the following components: real estate increased by $93 million, or 2.66 percent; business personal property increased by $2 million, or 0.91 percent; and motor vehicles increased by $15.5 million, or 4.94 percent.

“At 2.66%, the Grand List growth for real estate represents the highest percentage increase in over 30 years for non-revaluation years,” Kimball said. “While this is positive news for Cheshire’s long-term financial stability, it is important to note that 83% of this real estate growth was driven solely by the Stone Bridge Crossing development, meaning that most of tax revenues from those properties will be captured in the Tax Increment Financing (TIF) district and not available to the general fund to support the budget until certain obligations are met and funds can be redirected by the Town Council.”

Kimball noted that two of Cheshire’s Top 5 Taxpayers are now properties associated with Stone Bridge Crossing.

Property owners wishing to appeal their 2025 Grand List real estate, business personal property assessment, or their 2024 supplemental motor vehicle assessment before the Board of Assessment Appeals must submit a written application to the Board on or before Feb. 20.

These forms will be available at www.cheshirect.gov and from the Assessor’s Office in the Town Hall at 84 South Main Street.

“By state statute, an appeal can be heard ONLY if the request has been submitted on the prescribed form to the Cheshire Board of Assessment Appeals by February 20, 2026,” officials wrote in the news release.

For more information on the assessment appeals process, contact the Assessor’s Office at 203-271-6620.