Assessor
|
501 Main Street South
(Room 204)
Southbury, CT 06488
Maps and Directions
|
P:(203) 262-0674
Monday - Thursday:
8:00am - 4:30pm
Fri: 8:00am - 1:00pm
|
|
Veterans' Tax Exemption Programs in Southbury
There are three property tax exemption programs in Southbury for Veterans and their surviving spouses. Qualified Veterans may receive benefits from all three programs. Two programs are mandated by the State and are not subject to local modification. The third is a local option which allows the town to adjust the qualifying income and the level of tax exemption within State-set limits.
Please print, complete, and return the town's exemption form and/or state's exemption form to the Assessor's Department by October 1. Thank you.
1. State Mandated Recognition Program:
| Who: |
774 qualifying veterans and their surviving spouses |
| Income: |
No restriction |
| Exemption: |
$1500 exemption of assessed value of home or auto
|
| Benefit: |
$33.75 tax savings per person in 2023 |
| Total Cost: |
$26,122.50 in 2023 - not reimbursed by State
|
2. State Mandated Need-Based Program:
| Who: |
89 Veterans and their surviving spouses |
| Income: |
At or below $53,400 for married or $43,800 for single |
| Exemption: |
$3,000 exemption of assessed value of home or auto |
| Benefit: |
$67.50 tax savings per person in 2023 |
| Total Cost: |
$6,007.50 in 2023 - reimbursed by State
|
3. Local Option Need-Based Program:
| Who: |
124 Veterans and their surviving spouses |
| Income: |
At or below $61,800 for married and $53,400 for single |
| Exemption: |
$15,000 exemption of assessed value of home or auto |
| Benefit: |
$337.50 tax savings per person in 2023 |
| Total Cost: |
$41,850 in 2023 - not reimbursed by State
|