Taxes are assessed as of October 1 and are levied (or collected) on the following July 1.  Two installments of the October 1 Grand List are due July 1 and January 1.  Liens are filed on the last day of the fiscal year (June 30).

One mill is equal to $1.00 of tax for each $1000 of assessment.  For Fiscal Year 2026-2027, the mill rate is 27.95 for Real Estate and Personal Property.  The mill rate for Motor Vehicle is 31.75.

Example:

Mill Rate:  27.95 mills (.02795)

If the 70% assessed value is $200,000

The tax calculation is:  $200,000 x .02795 = $5,590

Mill Rate History

See the previous Mill rates for the City of Bridgeport below:

Historic Mill Rates