Ridgefield is reporting a 3 percent increase in revenue over the previous Grand List.  The October 2021 Grand List nets an increase of $148.5 million in assessed value.  The change will produce an increase in revenue of $4.18 million. The top two taxpayers in Ridgefield by assessment are Boehringer Ingelheim at $302.4 million and CL&P at $36 million.  There are 9,800 real estate units and more than 20,000 motor vehicles included. 

The Real Estate portion of the Grand List increased due to a large number of existing and new property owners remodeling kitchens, bathrooms, attics, basements and general whole house remodeling.  A large number of after-the-fact permits were issued in anticipation of a home sale or being listed for sale.  A large number of in-ground pools also added to the increase.  Another factor was a major tax payer's abatement ending. 

The motor vehicle portion of the Grand List increased by 24 percent as a result of older cars being replaced, and used cars increasing in value as a result of a shortage of used cars statewide.