Assessment date of Taxable Property in the Town of Old Lyme is October 1st.
Owners of tangible Personal Property, other than registered automobiles, such as commercial furniture, machinery and equipment, leased equipment, unregistered automobiles, camp trailers, etc., must file personal property list with the Assessor annually during the month of October. Failure to file prior to November 1, forces the Assessor, by law, to file the list and add a 25% Penalty (Sec. 12-42, PA 87-245).
Totally disabled persons, if they meet the requirements of Section 12-81(55) of the General Statutes, are eligible for the $1,000. Exemption upon submission of proof of such a disability between October 1, 2015 and January 31.
Any individual entitled to an exemption under Section 12-81(17) shall provide proof to the Assessor that he is blind and must file between October 1 and January 31.
Ex-Servicemen claiming statutory exemption, because of physical disability, in addition to regular exemption must submit exemption certificate from the Veterans Administration by October 1st annually in order to prove claim.
Veterans must have filed this discharge (DD214) in the Town Clerk’s office by September 30, in order to receive exemption. Section 12-81(g) provides for an increase in the property tax exemption amount granted to a qualified veteran if certain income requirements could be met.
Although referred to in Title 38, Section 101 of the United States Code (38 USC 101) as the Persian Gulf War, SS27-103 does not require a person to have served in the Persian Gulf, or does it require service involving a combat or a combat support role during the period beginning August 2, 1990. As a result, anyone who served anywhere for at least 90 days after August 2, 1990 and who meets the criteria of SS12-81(19), is eligible for an exemption commencing October 1, 2005.
Any person on active duty must present to the Assessor (Sec. 514) of the Soldiers and Sailors Act or a letter from their Commanding Officer stating date of entry and that they are on active duty. Any service person on active duty claiming Connecticut as their legal residence is entitled to one car exemption if the car is garaged out of State. A letter from their commanding officer must be forthcoming by October 1st in order to have this vehicle exempt.
An application to the Assessor for classification of land as Open Space, Farm or Forest must be filed between September 1st and October 31st. The only exception is during a revaluation year, when the deadline is extended to December 30th. No other extension of the filing period is available and failure to file within the prescribed time period is a waiver of the right to the classification for the assessment year commencing October 1st.
OFFICE HOURS ARE MONDAY THROUGH FRIDAY, 9AM TO 4PM.