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Tax Assessor
- General Information
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| IN CONNECTICUT, THE ASSESSMENT AND COLLECTION OF PROPERTY TAXES ARE AN EXCLUSIVE FUNCTION OF MUNICIPAL GOVERNMENT. THE FOLLOWING WILL PROVIDE SOME BASIC INFORMATION ABOUT THE SERVICES AND PRODUCTS AVAILABLE TO YOU AT THE CITY OF NORWALK'S ASSESSOR'S OFFICE. |
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ASSESSMENT CYCLE
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| PERSONAL PROPERTY, INCLUDING MOTOR VEHICLES ARE VALUED ANNUALLY. A REVALUATION IS WHEN THE OFFICE OF THE ASSESSOR ESTIMATES MARKET VALUES AND CALCULATES ASSESSMENTS AT 70% OF MARKET VALUE FOR REAL PROPERTY AS OF A SPECIFIC DATE. AFTER THE REAL PROPERTY REVALUATION IS IMPLEMENTED FOR THE 2008 GRAND LIST, REAL PROPERTY IN THE CITY OF NORWALK WILL BE REVALUED EVERY FIVE (5) YEARS. |
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ASSESSMENT PROCESS
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| REAL PROPERTY IS VALUED UTILIZING ONE OR MORE OF THE THREE (3) TRADITIONAL APPROACHES TO VALUE, USED BY APPRAISERS, I.E., COST APPROACH, COMPARABLE SALES, AND/OR THE CAPITALIZED INCOME APPROACH. THE COST APPROACH ESTABLISHES VALUE ON WHAT IT WOULD COST TO REPLACE YOUR STRUCTURE LESS DEPRECIATION (WEAR AND TEAR), AND THE VALUE OF LAND BASED PRIMARILY UPON SALES. IN THE CITY OF NORWALK AS WELL AS NUMEROUS OTHER JURISDICTIONS WE USE A MARKET ADJUSTED COST APPROACH WHICH IS THE SAME AS PREVIOUSLY STATED WITH AN ADJUSTMENT FOR THE DIFFERENCE BETWEEN THE COST APPROACH VALUE AND THE TYPICAL, E.G. MEDIAN, VALUE INDICATED FOR SALES IN A SUB-SECTION OF NORWALK OR A NORWALK NEIGHBORHOOD. THE COMPARABLE SALES APPROACH ESTABLISHES VALUE BASED ON A COMPARISON OF ONE PROPERTY WITH OTHERS THAT HAVE SOLD IN THE SAME GENERAL AREA WHILE MAKING ADJUSTMENTS FOR DIFFERENCES. THE INCOME APPROACH ESTABLISHES VALUE BY ANALYZING THE INCOME EARNED FROM RENTAL OF A CATEGORY OF STRUCTURES MINUS THE EXPENSES TO OPERATE THESE STRUCTURES, AND ITS RELATIONSHIP TO THE SALES PRICES OF PROPERTY WITHIN THE SAME CATEGORY THAT HAVE SOLD. UPON COMPLETION OF THE ANALYSIS, A RATE IS ESTABLISHED, I.E., THE TYPICAL DIFFERENCE BETWEEN INCOME EARNED AND STRUCTURAL OPERATING EXPENSES DIVIDED BY SALES PRICES, REFERRED TO AS A CAPITALIZATION RATE. THE CAPITALIZATION RATE IS APPLIED TO THE DIFFERENCE BETWEEN INCOME EARNED AND STRUCTURAL OPERATING EXPENSES FOR UNSOLD PROPERTIES IN THE SAME CATEGORY. PERSONAL PROPERTY, EXCLUDING MOTOR VEHICLES IS VALUED BASED UPON THE SELF-REPORTED OWNER'S ACQUISITION COST LESS THE SCHEDULED DEPRECIATION AS PROVIDED BY THE ASSESSOR'S OFFICE. MOTOR VEHICLES ARE VALUED BASED ON THE AVERAGE RETAIL VALUE AS PROVIDED BY THE NATIONAL AUTOMOBILE DEALERS ASSOCIATION (NADA) GUIDE UNLESS A VALUE ISN'T SPECIFIED BY NADA. WHEN A VALUE IS NOT SPECIFIED THE ASSESSOR'S OFFICE USES ANOTHER VALUE GUIDE. |
ADDITIONAL BUSINESS PERSONAL PROPERTY INFORMATION
ADDITIONAL MOTOR VEHICLE INFORMATION
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ASSESSMENT CHANGE NOTIFICATION
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| REAL PROPERTY AND PERSONAL PROPERTY, EXCLUDING MOTOR VEHICLES, ASSESSMENT CHANGES ARE REFLECTED ON AN ASSESSMENT NOTICE MAILED TO THE OCTOBER 1ST OWNER/ADDRESS OF RECORD NO LATER THAN THE IMMEDIATELY FOLLOWING JANUARY. MOTOR VEHICLE ASSESSMENT CHANGES ARE REFLECTED ON THE ANNUAL BILL. |
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ASSESSMENT APPEAL PROCESS
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| ALL ASSESSMENTS CAN BE APPEALED ANNUALLY. REAL PROPERTY AND PERSONAL PROPERTY, (EXCLUDING MOTOR VEHICLE), OWNERS MUST CONTACT THIS OFFICE @ (203) 854-7888 BETWEEN JANUARY 31ST AND FEBRUARY 20TH TO COMPLETE AN APPLICATION AND MAKE AN APPOINTMENT WITH THE BOARD OF ASSESSMENT APPEALS (BAA) IN MARCH. MOTOR VEHICLE OWNERS WHO ARE BILLED IN DECEMBER BECAUSE THEY DID NOT OWN A VEHICLE AS OF OCTOBER 1ST OF THE PREVIOUS YEAR MAY ALSO MAKE AN APPOINTMENT FOR MARCH. HOWEVER, MOTOR VEHICLE OWNERS TYPICALLY RECEIVE THEIR CONSOLIDATED ASSESSMENT AND BILL NOTICE IN JUNE AND MUST CONTACT THIS OFFICE BETWEEN AUGUST 15 AND THE BUSINESS DAY PRECEDING THE PUBLISHED BOARD OF ASSESSMENT APPEALS (BAA) HEARING DATE FOR MOTOR VEHICLES ONLY IN SEPTEMBER. |
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BOARD OF ASSESSMENT APPEALS
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| SEE CONNECTICUT GENERAL STATUTES, §21-24, §12-9, 10, 60, 95, 111, 133, 115, AND OTHER RELATED CITATIONS. http://www.opm.state.ct.us/igp/services/taxlaw99.doc |
| SUPERIOR COURT |
SEE CONNECTICUT GENERAL STATUTES, §12-89, 91B, 96-100, 103, 107, 107C, 117, 117A, AND OTHER RELATED CITATIONS. http://www.opm.state.ct.us/igp/services/taxlaw99.doc |
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