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Local Headlines

Revaluation deferment bill approved by General Assembly

The state House has passed a bill that would allow certain municipalities to defer implementation of revaluation of real property for the assessment year commencing October 1st.  This would apply to the municipalities of Danbury, Orange, Wilton and Stamford.  Implementation deferral would be until the assessment year commencing October 1, 2023, provided such deferral is approved by the legislative body of the specified municipality.

State Representative Joe Zullo asked if all municipalities were asked if this is something they wanted and given a fair chance to request this type of accommodation.  Planning and Development Committee chair Representative Christine McCarthy Vahey says there was an equal opportunity for every community to respond.  Zullo noted that given the trying times of the last two years due to the pandemic, and to the ongoing fiscal woes, every municipality had to take a look at their fiscal situations and decide what was best for them and praised his colleagues for affording them the opportunity for financial flexibility.

The Senate also passed the bill, sending it to the Governor's desk for his signature.