New Simsbury Tax Assessments Close To Being Revealed

SIMSBURY, CT — With the property revaluation just about complete, local taxpayers will soon know what their new values are.

The town, this week, updated property owners on where things stand, with commercial property assessments already sent out Dec. 16 and residential assessments being mailed out in "mid- to late-January."

According to the town, notices of assessment are being mailed to property owners with the previous year’s assessment and the 2022 assessment.

The notice also provides information on how to contact the revaluation company for an appointment to discuss the assessment.

In addition, the notice advises taxpayers of the requirements for an appeal to the Simsbury Board of Assessment Appeals.

This revaluation is of all real estate as of Oct. 1, 2022.

By law, this is required every five years.

"The purpose of the revaluation is to bring the assessments more in line with the current market," wrote the Town of Simsbury.

Assessments are at 70 percent of the appraised value and used with the mill rate to calculate tax bills.

The previous revaluation was completed as of Oct. 1, 2017.

Municipal Valuation Services, LLC, provided valuation services for the commercial revaluation.

The assessments will first be used for the real estate taxes coming due July 1, 2023.

For more information on the Simsbury Tax Assessor's office, click on this link.