2024 Revaluation

The revaluation program involves the reappraisal of all real property in the Town in order to bring about uniformity in property valuations and to assure all property owners that they are paying only their fair share of the cost of community services. Revaluation is NOT intended to raise revenues.  Its purpose is to value all properties by the same standards at the same point in time.

A legal standard defined by the courts as the price established between a willing buyer and a willing seller, taking into consideration all the uses to which the property is adapted.

Yes. If the market values in your area have not risen as much as in other areas since the last revaluation, or, if your property is currently overvalued when compared with like properties, your share of the tax burden could be reduced as a result of revaluation.

The new assessment will be placed on the October 1, 2024 Grand List from which tax bills will be generated and due on July 1, 2025 and January 1, 2026 (FY 2026).

In bringing property values up to date, there is generally an increase in the total assessments on the Grand List for the Town.  If the assessments increase, but the mill rate stays the same, then your taxes will go up.

With an increase to the Grand List, the governing body can reduce the mill rate lessening any required tax increase. In other words, the mill rate would fall by a proportionate amount, assuming budgets pre and post revaluation were identical. The point being that a balanced budget is all that is required.  The valuation of your property is only one part of the equation necessary to determine your actual tax bill.  The other and equally important part of the equation is the amount of tax dollars that the Town determines is needed for meeting the budgeted expenses of the Town, including schools.

The Revaluation Company calculates the assessed value. If you believe that your assessment is wrong, you will have the opportunity for a meeting during the informal hearing process. You will be given an appointed time to come into the revaluation office to review your assessment. This is the proper place and time to correct any errors and miscalculations.  A member of the revaluation company’s staff will review your property records and necessary adjustments will be made if you can demonstrate  that an error has been made in describing your property which significantly affects its value.

If there is significant difference between the data on your property records and the actual state of your  property, the revaluation company will schedule an inspection and review of your property. In some cases, where the person appealing presents factual evidence, an adjustment can be made without additional inspection and review.

If a property owner wants to appeal their new assessment after the informal hearing process with VGSI is complete, you must submit a written appeal to the Bloomfield Board of Assessment Appeals (BAA) on the prescribed BAA appeal form on or before February 20, 2025. The BAA appeal form will be available on February 1, 2025, in the Assessor’s Office at Bloomfield’s Town Hall and online via the Assessor’s Office website www.bloomfieldct.gov/Assessor/forms.

Any evidence that you may have affecting your assessment should be presented to the Board of Assessment Appeals.

Should a disagreement remain after the Board of Assessment Appeals hearing, an appeal to the Superior Court under Section 12-117A of the Connecticut General Statutes is the next and final step.

No. In fact, the Assessor’s Office encourages you to review your assessment and appeal if you sincerely question the value. The Assessor’s Office will see that each taxpayer is satisfied within the limits set by the state statute, and at the same time assure that assessments are made on a fair share basis. In the great majority of cases, when the Assessor finds out that the taxpayer is correct, an adjustment is made. However it is essential to remember that the Assessor has a duty to all the taxpayers in Town to be fair and equitable, and work within the guidelines of Connecticut's general statutes.

The Connecticut General Statutes provide exemptions for veterans, the blind and totally disabled. If you now have an exemption, it will be automatically deducted at tax billing time. For those who do not have an exemption, but believe that they qualify for an exemption, please make inquiry at the Assessor’s Office.

Elderly residents participating in the Homeowners Program will not lose their benefits due to revaluation, as long as they meet the requirements of the program and maintain the bi-annual filing. For information on how to get on the Homeowner’s Program, please call the Assessor’s Office.