Public Disclosure of FY2024 Proposed Real Estate and Personal Property Values
ATTENTION TOLLAND PROPERTY OWNERS
In accordance with guidelines established by the Massachusetts Department of Revenue, the Board of Assessors has received Preliminary Certification for the Fiscal Year 2024 values for all properties within the Town. These are the values upon which the actual Fiscal 2024 tax bills will be based. Values were calculated at Full and Fair Cash Value using data from sales between 1/1/2021 and 12/31/2022. The valuation date for Fiscal Year 2024 is January 1, 2023. The average change for real estate values was approximately a 13% increase. Personal property values for second homes increased from 2% of the value of the residential building to 3%.
The purpose of this Public Disclosure is to give taxpayers an opportunity to review the proposed new value of property prior to Final Certification by the Massachusetts Department of Revenue. The proposed new values will be available for review in the Assessor’s Office and at the Tolland Public Library from September 11, 2023 through September 19, 2023. Individual notices will be sent to out of town property owners before the 11th. They will also be available on our town website on the Assessors’ page titled FY2024 Proposed Values. The data will be sorted by OWNER NAME. All values under the Property Look-Up and Listing link on the website are FY2023 values. All changes in assessment will be closed on September 19th. The Town Hall is open Monday, Tuesday and Wednesday from 9:00 am to 4:00 pm. The Tolland Public Library is open Monday and Wednesday from 3:00 pm to 6:00 pm, Thursday from 1:00 to 4:00 pm and Saturday from 10:00 am to 12:00 pm. Property owners unable to visit the office in person may call 413-258-4794 ext. 103, and the information regarding their assessment will be furnished over the phone.
Proposed Personal Property Values
Board of Assessors
Town of Tolland