New Grand List for East Granby

The Grand List is the sum of all taxable property in town and forms the basis of the town’s largest revenue source: property taxes. Each town in Connecticut is required by law to revalue all real estate at least once every five years. East Granby’s last on-site, physical revaluation was completed on October 1, 2018. An update of the Grand List was completed on October 1, 2020.

The Grand List is made up of three types of property: Real Estate, Motor Vehicles and Personal Property, which, despite its name refers to business equipment and machinery. During the revaluation, the market value of each property is estimated. Then per State Statute, seventy percent is the assessment assigned to each property. Property taxes are computed by multiplying the mill rate by the assessment.

Assessor Mary Ellen Brown has certified the 2020 Grand List listed below as of January 29, 2021. The town’s Grand List is the sum of the values of all taxable properties in town which include motor vehicles, business personal property and real estate. The following Grand List has values as of October 1, 2020. This year’s Grand List has increased by 2.08% when compared to last year’s Grand List.

Grand List October 2019 / October 2020 / Difference / Percentage

Real Estate $473,288,490 / $473,225,750 / $ (62,740) - 0.01%

Motor Vehicles $ 64,924,567 / $ 65,186,090 / $ 261,523 + 0.40%

Personal Property $ 69,084,130 / $ 81,518,987 / $12,434,857 +18.0%

Total $607,297,187 / $619,930,827 / $12,633,640 + 2.08%