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Friday, January 31, 2014

Assessor: Grand List Up 1.3 Percent

Westport’s economy is in good shape with word today from Assessor Paul Friia that the Grand List is up 1.3 percent over 2012.  WestportNow.com Image
Paul A. Friia: new construction and renovation boosted results. Contributed photo

While not as good as the previous year’s 1.5 percent increase, the $9,940,413,732 total was up from the net 2012 Grand List of $9,804,698,690, he said

The list is the sum of the net assessed value of all taxable property – real estate, motor vehicles, and personal property.

Motor vehicles and personal property are valued annually, while real estate is updated based on the market values determined as of the town’s revaluation date of Oct.1, 2010.  Increases in the grand list were in all three categories, Friia said.

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