Grand List Up $80.6 Million; Top-10 Taxpayer Accounts

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The total value of taxable property in New Canaan—including homes, commercial properties and motor vehicles—increased by $80.6 million from 2015 to 2016 according to preliminary figures, officials say.

The $8.3 billion total represents a year-over-year .98 percent increase, according to the New Canaan Assessor’s office, which compiles the town’s Grand List.

Here’s a table detailing year-over-year growth:

2016 Grand List, Year-Over-Year**

Type2015 Grand List2016 Grand ListAssessment +/-
Total Increase$80,660,112
Motor Vehicle$263,168,790$269,624,610$6,455,820
Personal Property$73,816,870$74,141,930$325,060
Real Estate$7,880,534,880$7,954,414,112$73,879,232
*Source: New Canaan Assessor's Office
**These numbers are not final until the Grand List is balanced and signed.


The Grand List measures the total value of taxable property on Oct. 1 of each calendar year.

Here’s a table related to the Grand List, showing the gross top-10 taxpayer accounts in New Canaan for real estate—click on each address for more assessor information:

Top-10 Taxpayer Accounts—New Canaan Grand List, 2016**

Real Estate  
1. Country Club of New Canaan95 Country Club Road$28,490,770
2. Town Close Associates Ltd Partner106 Lakeview Ave.$25,316,200
3. New Canaan Lumber Co.Elm, Grove & Pine Streets$16,453,220
4. Kathleen O. Tropin260 West Road$15,760,850
5. J.R. Silverberg Realty LLCElm and Main Streets$13,878,410
6. Edward Simon, trustee82 Brookwood Lane$12,367,950
7. Forest Street Properties LLC21 Forest St.$11,997,580
8. De Lom Partners LLC104 Dan's Highway$11,882,010
9. 721 North Wilton Road LLC721 North Wilton Road$10,183,810
9. Hatfield Mews T H O Corp.330 Elm St.$9,574,040
* Source: Office of the Assessor
** Figures are not official until the Grand List is balanced and signed


The Grand List is the denominator that finance officials use to set the tax rate—the higher it is, relative to the total revenue in the town budget, the lower that rate will be.

First Selectman Rob Mallozzi said the approximately 1 percent increase is positive for New Canaan, though it changes little as the town navigates a tight budget season and tries, as always, “to come in at the lowest responsible number.”

“We like to see growth in our Grand List,” Mallozzi told “When we do not see growth, it certainly would cause pause. We have a growing Grand List, which is a good thing and shows that we have a vital community and, quite frankly, a little bit of a growing community.”

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