Mill Rate & Distribution of Taxes

The Town of Glastonbury works on a Fiscal Year basis that runs from July 1 to June 30.  The Mill Rate is set by the Board of Finance, usually between March 15 and April 15 for the coming year, however, per Town Charter no later than May 29.  As required by State of Connecticut Statutes, every five years the Grand List of taxable property is revalued to current market values.  The years that Re-valuations have been performed in Glastonbury are mentioned in the Comments Section below.  For more information on how the taxes for the Town of Glastonbury are derived click here.

Mill Rate Historical Information
Fiscal Year Grand list year Mill Rate Comments
2001-2002 2000 34.6  
2002-2003 2001 36.7  
2003-2004 2002 28.75 Re-valuation Year
2004-2005 2003 30.9  
2005-2006 2004 32.1  
2006-2007 2005 34.0  
2007-2008 2006 35.8  
2008-2009 2007 28.35 Re-valuation Year
2009-2010     2008 29.05
2010-2011   2009 29.65
2011-2012     2010     30.05
2012-2013     2011 30.50
2013-2014 2012 35.10 Re-valuation Year
2014-2015     2013    35.65
2015-2016 2014 36.10   
2016-2017            2015  36.40 & 37.00  
2017-2018 2016 37.45 & 32.00  subject to change,
pending state budget decisions

 

Relating Mill Rate to a Tax Bill

Tax bills are generated as of July 1, the first day of the fiscal year based on the preceding October 1 Grand List of assessed property values which represents approximately 70% of market value.  Real Estate and personal property tax bills are due in two installments, July 1 and January 1.  Motor Vehicle tax bills are due July 1.

Distribution of Taxes

The Town of Glastonbury Collects Taxes for both the Town Of Glastonbury and the Glastonbury Public Schools.  The table below reflects how the taxes are put to use for the 2017/2018 fiscal year:

Government Entity & of Taxes Received
General Government 26.2%
Education 64.9%
Debt Service - General   2.3%
Debt Service - Education   3.4%
Capital Program   3.2%


In accordance with Connecticut State Statutes Sec 12-130, we estimate that we will receive $3,700,338 from the State financed programs.  Without this assistance, the tax mill rate would have been 38.45 mills.