Frequently Asked Question (FAQ)
The most convenient way to pay your tax bill is online, on the Town website: under Town Departments on the Tax Collector’s page, by mail: 52 Lyme Street, Old Lyme, CT 06371 or in person at the Tax Collector’s Office M-F 9-4pm. Be sure to include all the bills that you wish to pay and write the bill numbers on the check.
How to check, pay and print receipts of your taxes online:
You can pay online, with credit or debit card – please know there will be a 3% bank service fee applied.
Or you can pay by ACH check, $0.50 cent service fee.
What do I own that is subject to taxes?
Three types of property are assessed and subject to taxes:
- Real Estate - Any land or buildings you own are considered real estate.
- Motor Vehicles - Registered motorized or unmotorized vehicles, (including cars, trucks, trailers & motorcycles) are considered motor vehicles for tax purposes.
- Personal Property - Personal property is general category fixtures either owned or leased by business. Unregistered motor vehicles are also taxed as personal property.
My real estate bill is supposed to be paid by my mortgage company. What should I do?
If this is the case, you should immediately contact your lender and ask them to notify the tax office.
How is the tax rate established?
The property tax rate is expressed in mills, or thousandths of a dollar. A tax rate (mill rate) of 23.5 mills is equivalent to $23.50 in tax per $1,000 of net assessed value. The Board of Finance sets a mill rate annually.
What happens if I pay late?
Taxes are due on July 1, and payable by August 1. You have a one-month "grace" period in which to pay without penalty. If August 1 falls on a weekend, you have the first business day in August to pay, in person or by mail (with U.S. postmark used as date of payment).
Real estate and personal property bills in the amount of $100 or less are due in a single installment. Bills in excess of $100 may be paid in two installments (July 1st & January 1st). We DO NOT send a reminder out for a second installment payment. The second installment is due on January 1. The second installment also has a "grace" period (January 1st through February 1st).
Past due payments are subject to interest at the rate of one and one half (1½) percent per month from the due date of the tax (July 1), as required by state law. Payments made after the "grace" period are considered past due and will incur three percent (3%) interest, representing two months delinquency (July & August).
Can the interest on my tax bill be waived?
No. The Tax Collector does not have the authority to waive interest and makes no exceptions. Owners of property are responsible to see that taxes are paid when due.
What if I never receive a tax bill?'
Failure to receive a tax bill does not exempt you from payment of all taxes and interest charges. If you do not receive a bill for which you are responsible, call the Tax Collector's Office at 860-434-1605 x217 and request a copy of the bill.
If I am being improperly billed for a motor vehicle, what should I do?
Contact the Assessor’s Office 860-434-1605 Ext. 219. Do not ignore your bill! Even if your vehicle has been sold, and plates returned to DMV; stolen and not recovered; declared a total loss; or if you have moved from Old Lyme or moved out of Connecticut.
If any of these situations applies to you, you may be entitled to a credit. Contact the Assessor for information regarding the acceptable forms of proof for the issuance of a credit. Two forms of written proof are required, and you must apply for the credit within a limited time.
I recently replaced a vehicle, and still got a bill on the old vehicle. Do I have to pay it?
Yes. If you replaced one vehicle with another, and used the same license plates, you will receive a pro-rated Supplemental motor vehicle tax bill in January for the new vehicle. You will receive a credit on the supplemental bill for the amount you pay now on the old vehicle. You will receive this credit without having to apply for it.
- However, you still must pay the entire amount due on the old vehicle. If you obtained new license plates for the new vehicle, contact the Assessor's Office at 860-434-1605 Ext. 219.
I need to register my car. What do I need from the Tax Collector's Office?
If you owe delinquent tax on any vehicle in your name, you may not renew any registrations at the Department of Motor Vehicles without paying your taxes first. All delinquent taxes in your name must be paid in full online, or with cash, cashier's check or money order for an immediate electronic release.
I have moved. What is my tax jurisdiction for motor vehicles?
Your tax town is your town of residency as of October 1. If you move from Old Lyme after October 1, but still reside in Connecticut, you will still pay vehicle taxes to Old Lyme. Municipalities within Connecticut do not apportion motor vehicle tax bills for portions of a tax year.
- If you register the vehicle in another state, contact the Assessor's office.
- If you move, you must notify the Department of Motor Vehicles of your new address within 48 hours. Be sure that you request a change of address on your driver's license and on your vehicle registration (s).
What is a "supplemental" motor vehicle tax bill?'
If you newly registered a vehicle after October 1 (first time registration), you should expect to receive a pro-rated tax bill the following January. This "supplemental" bill will reflect the date registered, through September (the end of an assessment period).
How is motor vehicle assessment determined?
Standard price guidelines are used in determining the value of motor vehicles. Assessments for tax purposes are based upon 70% of average retail value, as determined by the Assessor.
What are the hours of the Tax Collector?
The Tax Collector's Office, located in the Old Lyme Town Hall, 52 Lyme Street and is open Monday through Friday 9:00am to 4:00pm
To inquire about eligibility please visit the Assessor's page - exemption information
Are there any breaks for senior citizens?
To inquire about eligibility please visit the Assessor's page - Tax Assistance for Senior & Totally Disabled Taxpayers
What period of time does a tax bill cover?
Motor vehicle and personal property tax bills that are due in July cover the time from the previous October to the current September. There is no statutory rule concerning the time period covered by real estate tax bills. If you buy or sell real estate, adjustments for real estate taxes will be made by the attorneys who are handling the closing.
- Care should be taken to ensure taxes are paid, particularly when a closing occurs within sixty days of a tax due date.
Do I need to save my receipts?
Yes. Taxpayers are advised to save their receipts for 15 years, the length of time during which municipal taxes are collectible. Taxpayers should retain their own payment information for purposes of claiming tax credits and filling out their federal and state income tax forms. To print your IRS payment records.
What if I think my assessment is too high?
For more information about the appeals process, contact the Assessor's office at 860-434-1605 x219