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Milford aldermen approve five‑year phase‑in of 2025 revaluation to soften homeowner tax impact
Summary
The Milford Board of Aldermen voted 11–2 on March 10 to phase in the October 1, 2025 revaluation over five years at 20% per year, citing a roughly 40% average residential assessment increase and aiming to reduce immediate tax shocks to fixed‑income homeowners.
The Milford Board of Aldermen voted 11–2 on March 10 to adopt a five‑year phase‑in of the city’s October 1, 2025 property revaluation, directing staff to notify the state and to implement software changes needed to apply the schedule.
Mayor Smith, who urged the board to act at the special meeting, said the revaluation produced “the largest reval increase in our city's history,” and that residential assessments rose sharply: “Residential properties increased an average of 40%.” He framed the phase‑in as a tool to “soften the blow” for homeowners on fixed incomes who could otherwise face sudden tax increases.
The city attorney told the board the proposal rests on Connecticut General Statutes §12‑62c, which allows municipalities to phase in the effect of a revaluation for one to five…
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