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2015 Townwide Revaluation

The Town of Greenwich Assessor’s Office is currently reviewing preliminary values for  the 2015 revaluation.  The Town has contracted the services of Tyler Technologies and J.F. Ryan and Associates.  Tyler Technologies shall complete the residential portion of the revaluation and J.F. Ryan & Associates shall be responsible for all commercial and tax exempt properties.  

State law requires that all Towns be revalued every five years.  Greenwich completed its last revaluation for the 2010 Grand List.  The rational for such frequent revaluations is to keep assessments equitable and reflect the current fair market value – what the property would sell for in that year’s market.  All assessments in Greenwich are at 70% of fair market value per state statute.

The Assessor’s Office shall have appraisers reviewing property within the Town of Greenwich.  Such personnel shall have an ID issued by the Town of Greenwich.  Anyone with questions or concerns about this process should contact the Assessor’s Office at (203) 622-7885.  All residents and businesses also should feel free to ask for the appraisers identification before admitting him or her into ones property.  

Each property owner shall receive a notice of assessment change sometime after November 10th, 2015.  At that time, informal hearings shall be available for all taxpayers to discuss their new assessment.  There shall be informal hearings from November through February at the Town Hall to accommodate any and all questions and issues arising from this revaluation.  The Assessor shall also be available throughout this period to answer taxpayers questions.    

In addition to the informal hearings, property owners who disagree with their assessments shall have the opportunity to appeal their assessment to the Board of Assessment Appeals by March of 2016.  If still not satisfied, one may  appeal to the Superior Court in Stamford pursuant to C.G.S. 12-117(a).    

The new assessments shall be a value as of October 1, 2015.  This new assessment shall be reflected on the July 1, 2016 tax bill due by August 1 st , 2016.  The second half of the FY 16-17, tax bill will be sent by January 1, 2017, due February 1, 2017.    

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FIRST SELECTMAN:
 
Peter Tesei
Peter Tesei
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