Municipalities in Connecticut apply property taxes in terms of mill rates. A mill rate is equal to $1 in taxes for every $1,000 in assessed value. To calculate your tax based on your mill rate,
Example: 56.38 mills = .05638, the mill rate (Move decimal 3 places to the left) times your assessment. (100,000 X .05638 = $5,638.00 taxes).
The Mill Rate is calculated in the spring of each year prior to tax bills, by dividing the net budget by the net grand list which equals the mill rate. Net budget is the total amount needed to operate the Town, less any/all state grants, reimbursements for exemptions granted, etc.
The State has halted two major reimbursements in the past 6 yrs, The Manufacturers Machinery & Equipment (MME exemption an Elderly program), which in turn, raises the net budget. This has affected all Towns/Cities. The same thing happened years ago with boats and private airplanes and cows and livestock before that.