There was little growth in Litchfield’s grand list in 2017, a sign that the town’s tax base essentially remained stagnant.
The new grand list of taxable property shows an increase of just .44 percent over real estate, personal property and motor vehicle values in 2016.
Assessor Kathy Brown presented a grand list of $1,047,817,884 for 2017 to the Board of Selectmen recently. The new grand list is $2,980,882 higher than the 2016 grand list of $1,044,837,002.
A loss of 30 personal property accounts, 16 motor vehicle accounts and 10 real estate accounts is the reason for the small increase in values, according to Brown. Even the opening of the new Stop & Shop last year wasn’t enough to give the new grand list a sizeable boost, she said.
Personal property values under the new grand list are $36,609,504, a decrease of $1,136,748. Motor vehicle values are $76,441,710, an increase of $1,964,370, and real estate values are $934,766,670, an increase of $2,153,260.
The new grand list is subject to change pending action taken by the Board of Assessment Appeals.
The top 10 assessments under the new grand list are: 1. Connecticut Light & Power, $15,308,160; 2. CRP/BWN LLC, $6,279,650; 3. City of Waterbury, $5,818,050; 4. 6645 Federal Square Realty LLC, $4,361,280; 5. CA Litchfield Land LLC, $3,545,900; 6. White Memorial Foundation, $3,527,000; 7. Aquarion Water Co., $3,357,530; 8. Arethusa Farm LLC, $2,561,980; 9. Union Savings Bank, $2,541,510; 10. Litchfield Developers LLC, $2,176,850.