TAX EXEMPT QUADRENNIALS DUE NOVEMBER 3, 2025

A tax exempt application of charitable and of certain other organizations, is required by C.G.S. §12-81 and §12-87. Scientific, educational, literary, historical, or charitable institution, an agricultural or horticultural society, a cemetery organization, or a hospital society*, or corporation* or sanatorium* must file a return every four years. An additional report must be filed in any assessment year that is not a required filing year when seeking exemption for property acquired or previously not exempt. Applications must be filed with the assessor in each town in which exempt property is situated and owned on the assessment day. Applications or returns must show all property for which exempt status is sought, and must be filed with each assessor on or before November 1, or if such day is a Saturday or Sunday, on the next business day.

CHANGE IN MOTOR VEHICLE VALUATION/ASSESSMENT

Motor Vehicle Assessment Changes Effective October 1, 2024

 Prior to October 1, 2024 motor vehicles were assessed at 70% of the Clean Retail value found in the JD Power pricing guide. Pursuant to Public Act 22-118 and Public Act 25-2, the Town Assessors Office will be valuing registered/non-registered vehicles differently than they have in the past. As of October 1, 2024, the Assessor’s Office will use the Manufacturers Suggested Retail Price (MSRP) of each vehicle and apply the depreciation schedule as described in the Public Acts to calculate the depreciated value of each vehicle. This depreciated value will then be multiplied by the statewide assessment ratio of 70% to calculate the assessed value of the vehicle for taxation. The assessed value of the vehicle will decrease yearly based upon the depreciation schedule but will never fall below a 500 assessment for taxation purposes. The assessment is then multiplied by the mill rate, capped at 32.46.

Depreciation Schedule for 2024 Grand List

LEGAL NOTICE

In accordance with Connecticut General Statute 12-40:

Notice is hereby given to all persons liable to pay taxes in the Town of Woodbridge must file a declaration of taxable personal property belonging to them on the first day of October, including unregistered and out of state registered motor vehicles. Declarations are due November 3, 2025. Failure to file by the deadline will result in a penalty of twenty-five (25%) percent.

Sec. 12-41. Filing of declaration.  (c) Property included. Confidentiality of commercial and financial information. The annual declaration of the tangible personal property owned by such person on the assessment date, shall include, but is not limited to, the following property: Machinery used in mills and factories, cables, wires, poles, underground mains, conduits, pipes and other fixtures of water, gas, electric and heating companies, leasehold improvements classified as other than real property and furniture and fixtures of stores, offices, hotels, restaurants, taverns, halls, factories and manufacturers. Tangible personal property does not include a sign placed on a property indicating that the property is for sale or lease. On and after October 1, 2024, tangible personal property shall include nonpermanent modifications and attachments to commercial motor vehicles. Commercial or financial information in any declaration filed under this section shall not be open for public inspection but may be disclosed to municipal officers for tax collection purposes.

(f) Penalty. (1) Any person who fails to file a declaration of personal property on or before the first day of November, or on or before the extended filing date as granted by the assessor pursuant to section 12-42 shall be subject to a penalty equal to twenty-five per cent of the assessment of such property; (2) any person who files a declaration of personal property in a timely manner, but has omitted property, as defined in section 12-53, shall be subject to a penalty equal to twenty-five per cent of the assessment of such omitted property. The penalty shall be added to the grand list by the assessor of the town in which such property is taxable; and (3) any declaration received by the municipality to which it is due that is in an envelope bearing a postmark, as defined in section 1-2a, showing a date within the allowed filing period shall not be deemed to be delinquent.

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**IMPORTANT NOTE: Failure on the Assessor to utilize or alter state prescribed forms may result in action pursuant to Section 12-4 of the CGS. Failure on the taxpayer to utilize state prescribed forms should be treated in the same manner you administer their failure to file any other local or state forms. Therefore, not using the state prescribed form by the preparer/owner/taxpayer will result in a twenty-five percent (25%) penalty.**

Forms can be found under Personal Property Tab on left (UPDATED ANNUALLY IN SEPTEMBER). Please contact the Assessor's Office at (203) 389-3416 or assessorclerk@woodbridgect.org with any questions or concerns.