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Norwich grand list shows slight decrease

By Claire Bessette

Publication: theday.com

Published February 04. 2013 6:00PM   Updated February 04. 2013 6:43PM

Norwich – The city grand list of taxable property dropped in 2012 by 0.34 percent, with values in real estate, motor vehicles and personal property all decreasing.

The total combined grand list as of Oct. 1, 2012, is $2,424 billion, down by $8.3 million from the 2011 totals after Board of Assessment Appeals adjustments. Real estate values dropped by $3.4 million, 0.16 percent. Motor vehicle values dropped by $2.5 million, 1.3 percent and personal property values went down $2.3 million, 1.7 percent.

Assessor Donna Ralston said reasons varied for the drop. The William W. Backus Hospital and United Community and Family Services are seeking to remove major properties from the city’s tax rolls. Backus is seeking exemption on the former Daticon building in the Norwich business park, assessed at $6 million. UCFS seeks to remove most of the $1.8 million of assessed value on the nonprofit’s health center in the Meadows shopping plaza.

Also, Ralston said real estate values saw a significant one-time increase last year in penalties paid by some property owners for improper filings. Penalty income is much lower this year.
Top 10 Norwich taxpayers in assessed value:

1.      Computer Sciences Corp., 100 Winnendon Road and 243 Vergason Ave., $31.7 million.

2.      Bob’s (CT) QRS 16-25 Inc., 70 Jewett City Road, $22.7 million.

3.      Plaza Enterprises (shopping center), 113 Salem Turnpike, $14.7 million.

4.      EMC Corp., (computer leasing company), 100 Winnendon Road, $13.4 million.

5.      USF Propco I LLC/US Food Service, 222 Otrobando Ave., $12.3 million.

6.      Algonquin Gas Transmission LLC (gas pipelines), $9.8 million.

7.      Mashantucket Pequot Tribe, Spa at Norwich Inn, 607 West Thames St., $9.7 million.

8.      Norwich Community Development Corp., 55A Main St. and industrial park land, $9.2 million.

9.      Norwichtown Commons, 42-44 Town St., $9.2 million.

10.    Wal-Mart Real Estate Business Trust, 220 Salem Turnpike, $9.6 million.


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