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Property Revaluation 2022

Property Revaluation 2022
2022 is a revaluation year for the City of Waterbury

CT General State Statute 12-62 requires that each town shall implement a revaluation not later than the first day of October every five years. The last revaluation for Waterbury was conducted on October 1, 2017.  The City of Waterbury Assessor’s Office, in consultation with eQuality Valuation Services, LLC, recently completed the October 1, 2022 property revaluation for the purpose of establishing the City’s 2022 Grand List.  The 2022 Grand List property values will be used in calculating the City’s proposed mill rate for the 2023-2024 budget year, which begins July 1, 2023.

“Revaluation Notices of Assessment Change” letters were mailed out to residential property owners on November 23rd.  The vast majority of Waterbury property owners will see a significant increase in their property assessment compared with the 2017 revaluation. The 2022 valuations reflect a high demand for homes in New England, especially right here in Waterbury.  If you did not receive your Revaluation Notice of Assessment Change, please call (203) 574-6821 to request a copy.

PLEASE DO NOT USE THE CURRENT MILL RATE IN AN EFFORT TO CALCULATE YOUR JULY 2023 TAX BILL. This will result in an inaccurate overstated calculation. At this time, it is too early in the process to provide a projected mill rate for the 2023-2024 budget year.

Please see the below links for information regarding the 2022 revaluation:

In the coming months, additional information about revaluation will be posted to this website.  You will be able to access information about full revaluation implementation and phase-in options and be able to calculate your projected 2023 tax bill under the different scenarios.