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| Assessor - Mario Panagrosso |
Assessor
The Assessor’s Office is responsible for general revaluation of real property. A physical revaluation is required every 10 years with 5-year revaluation updates in between the physical revaluation. The Town of Cheshire had a general property revaluation effective October 1, 2003. Under Section 12-62 as amended by Public Act 04-2, the Town must next update all real estate values in the year 2008, and every fifth year thereafter.
The maintenance of an equitable tax base and the location and appraisal of all real and personal property within the Town for inclusion onto the Grand List are the responsibilities of the Assessor’s Office. The Grand List represents the total assessed values for all taxable real and personal property located within the Town on October 1st. Each year a Board of Assessment Appeals determines whether adjustments to the Assessor’s list on assessments under appeal are warranted. Assessments for real property are computed at 70% of the estimated market value at the time of the last general revaluation while assessments for motor vehicles are computed at 70% of the annual appraisal of motor vehicles.
All commercial personal property (furniture, fixtures, equipment, and machinery) is revalued annually. An Assessor’s check and audit is completed periodically. When a new structure, or modification to an existing structure, is undertaken, the Assessor’s Office receives a copy of the permit issued by the Building Official. A physical appraisal is then completed and the structure classified and priced from a schedule developed at the time of the last general revaluation. Property depreciation and obsolescence factors are also considered when arriving at an equitable value. New construction completed after the October 1st assessment is prorated onto the grand list from the date the Building Official issues the Certificate of Occupancy or when the structure is occupied.
Motor vehicle lists are furnished to the Town by the State of Connecticut and appraisals of motor vehicles are accomplished in accordance with an automobile price schedule recommended by the Office of Policy and Management. For the October 1, 2005 grand list, OPM recommended using the October 2005 issue of the National Automobile Dealers Association (NADA) guide. Section 12-71b of the Connecticut General Statutes provides that motor vehicles which are registered with the Commissioner of Motor Vehicles after the October 1st assessment date but before the next July first are subject to a property tax as if the motor vehicle has been included on the October Grand List. The assessment is prorated, and the proration is based on the number of months of ownership between October 1st and the following September 30th. Motor Vehicles purchased in August and September are not assessed until the next October 1 Grand List. The tax is not due until January 1, a year and 3 months after the Grand List date. If the motor vehicle replaces a motor vehicle that was assessed on the October 1 Grand List, the taxpayer is entitled to certain credits. Assessments for motor vehicles are computed at 70% of the annual appraisal of average retail value
The Assessor’s Office maintains records on the ownership of properties, current zoning classification, lot maps, gross and net valuation, and personal exemptions. This office is an excellent place to start when you are doing research on ownership of property.
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Staff
Mario J. Panagrosso, Assessor, mpanagrosso@cheshirect.org
Diane Waller, Assistant Assessor, dwaller@cheshirect.org
Ann Balletto, Assessment Technican, aballetto@cheshirect.org
Christine McCardle, Assessment Technican, cmccardle@cheshirect.org
Telephone - (203)271-6620 -- Fax: (203) 271-6615
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