Windsor Locks, a town in Hartford County, Connecticut, recently announced the postponement of its revaluation until Grand List year 2024. This means property owners in Windsor Locks will continue to pay taxes based on the current values until the reassessment takes place in 2024. This decision has implications for commercial property owners in the area, and they need to be adequately prepared for the changes that will occur when the revaluation takes place.
While this postponement may provide temporary relief for property owners who potentially face higher tax payments, it is important to not overlook the significance of remaining informed and prepared.
Ryan’s Connecticut experts offer vital support for property owners through annual reviews, helping them comprehend the intricate relationship between assessed values, equalization ratios, and fair market values. Click on the link below to learn more and contact one of our professionals directly for assistance.
TECHNICAL INFORMATION CONTACTS:
William Quigley
Principal
Ryan
781.791.2602
william.quigley@ryan.com
Daniel Swift
Principal
Ryan
857.288.1224
daniel.swift@ryan.com
Todd Tessier
Director
Ryan
857.273.0507
todd.tessier@ryan.com
Michael Correia
Senior Manager
Ryan
857.288.1967
michael.correia@ryan.com
The material presented in this communication is intended to provide general information only and should solely be seen as broad guidance and not directed to the particular facts or circumstances of any individual who may read this publication. No liability is accepted for acts or omissions taken in reliance upon the content of this piece. Before taking (or not taking) any action, readers should seek professional advice specific to their situation from Ryan, LLC or other tax professionals. For additional information about this topic, please contact us at info@ryan.com.