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Mill Rate Update

What is a mill rate?

The mill rate is the amount of tax paid per dollar of the assessed property value. The rate is expressed in mills; one mill is one tenth of a cent.

How are property taxes determined?

The total assessed value of your home is multiplied by the mill rate. The assessed value is 70% of the value that is determined on the year of revaluation.

What are the mill rates in Trumbull and surrounding towns?

Effective 7/1/08, here are the mill rates for Trumbull and surrounding towns:

Town                Mill Rate
Trumbull             23.86
Bridgeport          44.58
Easton               21.6
Fairfield              18.58
Milford                28.23
Monroe               28.68
Newtown             23.2
Shelton              18.61
Stratford             30.51
Westport            14.7

 

Published Sunday, August 31, 2008 7:22 AM by Kathleen Packer
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