BUT the 'value' of my pop's house (he will be 80 this year and he is on a VERY fixed income) HAS ALMOST DOUBLED. bam!
.........."It's a major issue for the future of this community - how we handle these kinds of tax shifts and increases in values," Van Winkle said. "It's important to the strength of this community. It's not meant to be a community where we chase people away if you bought your house here, raised your family here and retired here. It's not to our interest to see those people have to move away from West Hartford."...........
Blue Back's Impact Felt Overtakes Westfarms On Town Grand List
By DANIEL P. JONES, Courant Staff Writer
WEST HARTFORD -- The still-under-construction Blue Back Square development has overtaken Westfarms mall as the town's top taxpayer, according to the new list of assessed values for property in town.Even before any part of Blue Back Square was complete, the development's assessed value as of Oct. 1 was $39.7 million, easily surpassing by $5 million the value of the portion of Westfarms - nearly a third - that is in town. .............
............In addition to the change in the Top 10 list, the assessed value of real estate in town grew in 2006 by 71 percent from the year before - an increase overwhelmingly due to a delayed state-mandated revaluation that was West Hartford's first in seven years...............
perhaps they WILL implement this though (keep your fingers crossed)
..........To address such issues, the town council is considering phasing in the effect of revaluation over a period of perhaps five years, and it is considering a property tax freeze for residents 70 and older who meet income eligibility requirements............
but what will happen to the younger people who have bought houses? or middle aged people? i can't wait to see that tax bill. i'm already steaming
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