06/05/2026
If you have been hearing about new property assessments and potential mill rate changes, here is what it means.
Your taxes are based on both your home’s assessed value and the local mill rate, not just one or the other. That means changes in value do not always translate directly into higher taxes.
Many towns are currently reviewing these updates as part of their budget process, which is why this topic is coming up more often.
📍 If you are buying or selling in CT, it is important to understand how this may affect you.