Monroe's Grand List Rises by $9.5 Million

As the national economy struggles on, Monroe's grand list continues to grow steadily. Assessor Elizabeth Duffy said the 2012 grand list shows a modest net growth or $9,547,928 or .41%.

"We maintained a healthy economy in the community," Duffy said. "The grand list has gone up every year. It's pretty impressive when you think about it. People still think of Monroe as a place to raise their kids and do business."

However, she added that it remains to be seen what kind of effect next year's revaluation will have. "A lot can happen between now and 2014," Duffy said.

The total net value of the 2012 Grand List is $2.3 billion with $157.5 million in motor vehicle values, $75.2 million in personal property and $2,077,520,590 in taxable Real Estate, according to net numbers from the Monroe Assessor's Office.

The breakdown of taxable property is $1,785,922,295 from residential, $154,092,057 commercial, $56,377,946 industrial, $28,978,540 utility, $49,681,404 vacant land, $8,407,104 use assessment and $861,210 from apartments.

The grand list is the status of the value of personal properties, including motor vehicles, as of Oct. 1, Duffy said, adding the Board of Finance projects what kind of change there will be from January until taxpayers are billed, based on adjustments the town has done over the past five years — also factoring in the reval of 2009.

"Any pending litigation and state requirements all have to be factored," Duffy said. "We anticipate changes of what we can get."