The Acting Revenue Collector will be out of the office Friday, 8/15 and Monday 8/18.  The Assessor is available to assist with questions and verify cash deposits that can be deposited in the drop box outside of the Revenue office and processed on their return (also, can be done for check payments). All other payments can be made online as usual.

The Douglas Library will be open as a cooling center for anyone who needs to get relief from the high temperatures.  Library hours are Monday and Wednesday from Noon to 8:00 p.m. and Tuesday and Thursday from 10:00 a.m. to 8:00 p.m.  Please check on your loved ones and elderly neighbors during this period.

HEBRON

TOWN CLERK’S OFFICE

MONDAY AUGUST 11, 2025 – OFFICE CLOSED

CRC Redline 72525

CURRENT LAW

Requires municipal assessors to value vehicles using their manufacturer’s suggested retail price (MSRP), subject to a 20-year depreciation schedule.

New Law – Modified Depreciation Schedule

Beginning with the 2024 assessment year (i.e., for tax bills sent out beginning July 1, 2025), the bill allows municipalities to adopt a modified depreciation schedule for vehicles. The modified schedule generally decreases, by five percentage points, the taxable portion of a vehicle’s MSRP that is subject to property tax.

Motor vehicles will no longer be valued by Average/Clean retail using a state recommended vehicle pricing guide. Values are determined by MSRP at year of manufacture with a fixed depreciation schedule applied.

Personal use utility trailers (flatbeds, boat trailers, etc.) all-terrain vehicles and snowmobiles, which were formerly taxed, are now exempt and no bills were issued. Approximately 900 vehicles fall into this exempt category. Reduction approx. $600k to grand list. Commercial or business use trailers are still subject to taxation.

Effects of the change from 85% to 90%

Hebron elected to use a depreciation table beginning at 90% of MSRP value and decreasing at 5% per year until a reduction of 20% MSRP value is reached. Vehicles over 20 years old cannot have a value lower than $500.

90 % – The 2024 motor vehicle portion of the Grand List decreased by $4.2 million dollars (4%) because of the changes to valuation.

85% –  MSRP decreasing to 15% of MSRP.  If the Town had elected the 85% vs the 90% schedule, the motor vehicle list would have decreased by $14 million dollars instead of $4.2 million

Any resident who believes there is an incorrect MSRP can contact our office to verify the data.

A poll was conducted by the Assessor’s association and of the 106 towns reporting 2/3rds chose the 90/20 depreciation versus the 85/15. This data is supported by statements made by OPM in a recent article published in the Journal Inquirer.

Reference can be made to the following statutes: CGS §12-71d, 12-71e, 12-81(82)& HB7067