West Hartford Grand List Shows Slight Increase

WEST HARTFORD, CT — West Hartford's grand list of taxable property has increased slightly.

The numbers were released Friday. The grand list represents the values of taxable property effective Oct. 1, 2020 has been finalized in accordance with Connecticut General Statutes. It is used, in part, to calculate the revenue side of the annual budget.

The overall increase was 0.44 percent, assessor Joseph Dakers said. The net assessed value of all taxable property prior to Board of Assessment Appeal revisions totals $6,396,112,211. That's an increase for the net taxable list of $27,783,867.

One contributing factor was that "West Hartford continues to see new commercial construction and remodeling projects all around town," Dakers said.

Real estate increased by $11,507,391 or 0.2 percent.

"Noteworthy developments contributing to the increase include The Townhomes at Ringgold Estates and renovation projects across the community," Mayor Shari Cantor said. "With more people working from home as a result of the pandemic, West Hartford has become an even more desirable community for homeowners and the real estate market is doing very well."

Town Manager Matt Hart said the coronavirus pandemic has adversely impacted "a number of our businesses, particularly restaurants and some other retail."

"However, other business sectors, such as home renovation services, are holding strong,” he added,

The Motor Vehicle list increased by $17,440,747 or 4 percent.

Overall, the vehicle count is down by 1,937 vehicles to 44,811.

Town officials attributed the decrease to a decision by the state Department of Motor Vehicles to extend registration renewals and the department’s temporary closure earlier in the year. The increase in used car values, driven by increased demand nationally, contributed significantly to the increase, officials said.

The Personal Property list decreased by $1,164,271 or .57 percent, because of "a limited number of business closures."

Here are the top 10 taxpayers in West Hartford:

1. Blueback Square Holdings LP - $72,863,120
2. Westfarms Mall - $52,480,250
3. Connecticut Light & Power - $48,002,100
4. FW CT – Corbins Corners (1459 New Britain Ave) - $42,378,420
5. SF West Hartford Property Owner LLC (1445 New Britain Ave) - $29,271,060
6. Town Center West Associates (29 South Main St) - $28,178,400
7. McAuley Center Inc. (253 Steele Rd) - $24,529,330
8. Steele Road LLC (243 Steel Rd) - $23,517,960
9. BFN Westgate LLC (1248 Farmington Ave) - $20,510,450
10. Delamar West Hartford, LLC - $19,285,000