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Gov. signs reval implementation delay bill

Governor Lamont has signed a bill into that law that would allow certain municipalities to defer implementation of revaluation of real property for the assessment year commencing October 1st.  This would apply to 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. Backers of the bill said during debate 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 should be given the opportunity for financial flexibility.

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Dave Rinelli

Local Headlines