Easton's Grand List Shrinks By 21 Percent

Easton’s grand list shrunk by 21 percent since last year, according to numbers provided by Terri Rainieri, .

The current grand list is $1.319 billion, a decrease of more than $353 million from last year’s grand list of $1.672 billion, Rainieri said. The reason for the decline was a revaluation of residential properties, she said.

According to Rainieri, the following are the assessment of the properties of the top ten taxpayers in Easton:

• Aquarion Water Company — $34,632,670
• The Connecticut Golf Club — $5,407,140
• John Shepherd — $2,049,400
• Salvatore and Marie Gilbertie —$1,958,520
• Mark and Antoniette Greenspan — $1,937,410
• Asif Malik — $1,729,360
• Trustees for the Estate of Ellen Jo Mendell — $1,618,520
• Trustees of the Estate of Michael Chapman — $1,565,900
• Rosemary Weaver — $1,372,840
• Aspectuck Valley Country Club — $1,277,140

According to Rainieri, real estate is assessed at 70 percent of market value.