Submitted by Pitiful_Toe_6311 t3_zn3933 in StamfordCT
illusionsformoney t1_j0i8shy wrote
Reply to comment by Glass-Tie-4102 in Assessment change notice, 300k increase??? by Pitiful_Toe_6311
The notice says how to calculate estimated increase. You need to subtract the increase in the Grandlist (18%) from the increase in valuation to get the net increase.
Basically the sum of all property in Stamford went up 18%, so if your property is up 18% you can expect no changes. Above 18% your taxes are going up by the difference, below 18% they’re going down.
Glass-Tie-4102 t1_j0lpkiy wrote
Gotcha, thank you!
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