A Connecticut assessor is preparing the annual grand list for a municipality. Which of the following best defines the 'grand list' in the context of Connecticut property taxation?
Correct Answer
B) The total assessed value of all taxable property in the municipality as of October 1
In Connecticut, the 'grand list' is the official list of all taxable property in a municipality, showing the total assessed value (at 70% of fair market value) of all real and personal property as of October 1 of each year. The grand list is used to calculate the mill rate and determine the total property tax levy. This is a Connecticut-specific term defined under CGS § 12-55.
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