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    Local News
    Thursday, November 14, 2024

    Stonington grand list shows slight growth

    Stonington ― The town’s grand list, or it’s total value of taxable property, inched slightly higher in 2023 compared to 2022.

    The grand list, including real estate, personal property and motor vehicles, increased by 1% to just shy of $4.1 billion as of Oct. 1, 2023.

    Jennifer Lineaweaver, town assessor, said the biggest increase was to personal property such as business equipment which rose 8.7% to almost $180 million. Motor vehicle assessments were down by 3.5% to $207 million.

    Real estate assessments, which comprise the majority of the list, totaled $3.7 billion, an increase of less than 1%

    The town’s top 10 taxpayers are:

    1. Connecticut Light & Power Co. $59.2 million

    2. Senior Living by Masonicare (Pilot) $29.9 million*

    2. Mystic CT Senior Property LLC (Stone Ridge & ROC Seniors) $26.3 million

    3. DDH Hotel Mystic LLC (Mystic Hilton) $13.9 million

    4. Aquarion Water Co of CT $13.6 million

    5. VIII-HII_Whitehall Avenue LLLC (Residence Inn) $12,464,390

    6. Mashantucket Pequot Tribe $11,707,26

    7. Joyce O. Resnikoff Trustee (Olde Mistick Village) $11 million

    8. Yankee Gas Services Co $10.3 million

    9. Hartford Healthcare Co $9.6 million

    10. Spirit Master Funding X LLC $8.9 million

    *The ranking for Masonicare is based on its estimated payment-in-lieu-of-taxes agreement with the town.

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