Town budget
What the town budgets, its mill rate, and what the property tax raises, from the Connecticut Office of Policy and Management (OPM).
Checked . OPM adds each fiscal year's budgets and mill rates once towns have filed them, in the summer and fall.
Summary
- Adopted budget $204.1M Fiscal year 2026
- Mill rate 24.57 Fiscal year 2027 · State median 27.47
- Average single-family tax bill $7,414 Fiscal year 2027 · Calculated by Publick
- Property tax per resident $3,052 Fiscal year 2023 · State median $3,308 · Calculated by Publick
Adopted budget
The town's budget for fiscal year 2026, as adopted and filed with the state. It was adopted on . Fiscal years start July 1: fiscal year 2026 runs from July 2025 to June 2026.
What it pays for
The state groups every town's budget the same way: schools, debt payments, money set aside for the unexpected, and everything else the town does.
Where the money comes from
| Fiscal year | Adopted budget | Education | Property tax | Change |
|---|---|---|---|---|
| 2026 | $204.1M | $121.7M | $148.0M | +4.0% |
| 2025 | $196.2M | $118.0M | $143.7M | +5.0% |
| 2024 | $186.8M | $113.5M | $137.0M | +3.4% |
| 2023 | $180.7M | $109.9M | $134.1M | +2.0% |
| 2022 | $177.1M | $106.7M | $129.2M | – |
Budgets as adopted, not what was spent. The change is in the total. Amounts are not adjusted for inflation. Source: OPM, adopted budgets from the Fiscal Health Monitoring System (opens in new tab).
Mill rate
The mill rate is the property tax in dollars for each $1,000 of assessed value. Connecticut assesses property at 70% of its market value, so a home worth $400,000 is assessed at $280,000. The same rate applies to homes, businesses, and cars.
| Fiscal year | Wallingford | State median |
|---|---|---|
| 2027 | 24.57 | 27.47 |
| 2026 | 24.12 | 28.39 |
| 2025 | 30.66 | 28.67 |
| 2024 | 29.34 | 29.30 |
| 2023 | 29.04 | 30.64 |
| 2022 | 28.52 | 31.50 |
| 2021 | 29.19 | 31.21 |
| 2020 | 29.19 | – |
| 2019 | 28.64 | – |
| 2018 | 28.55 | – |
Calculated by Publick. The middle of the mill rates of the Connecticut towns with a rate that fiscal year, as OPM publishes them.
When a town revalues its property, assessed values jump and the rate falls to match, so a lower rate doesn't by itself mean lower bills. Connecticut towns revalue at least every five years. Source: OPM, mill rates (opens in new tab).
What the property tax raises
The town's tax levy for fiscal year 2027 was $150.3M: the tax on real estate, on business equipment (personal property), and on cars.
| Fiscal year | Total | Real estate | Personal property | Motor vehicles |
|---|---|---|---|---|
| 2027 | $150.3M | $128.9M | $9.8M | $11.6M |
| 2026 | $146.4M | $126.4M | $9.1M | $10.9M |
| 2025 | $142.0M | $115.1M | $11.3M | $15.5M |
| 2024 | $135.4M | $109.6M | $10.2M | $15.6M |
| 2023 | $132.2M | $108.1M | $9.5M | $14.7M |
| 2022 | $127.4M | $106.2M | $9.6M | $11.5M |
| 2021 | $124.6M | $104.4M | $9.1M | $11.0M |
| 2020 | $123.3M | $104.1M | $8.4M | $10.8M |
| 2019 | $119.7M | $101.2M | $8.2M | $10.2M |
Source: OPM, tax levy (opens in new tab).
The grand list
The grand list is the assessed value of everything the town taxes. The October 2025 list, $6,131.8M after exemptions, is taxed in fiscal year 2027.
| Grand list | Total | Homes | Businesses | Motor vehicles |
|---|---|---|---|---|
| October 2025 | $6,131.8M | $4,271.0M | $970.8M | $473.1M |
| October 2024 | $6,055.6M | $4,223.3M | $986.0M | $439.9M |
| October 2023 | $4,637.0M | $2,912.1M | $822.0M | $510.4M |
| October 2022 | $4,627.7M | $2,902.7M | $819.6M | $535.4M |
| October 2021 | $4,568.2M | $2,889.1M | $819.5M | $510.6M |
| October 2020 | $4,473.8M | $2,880.1M | $826.4M | $406.4M |
| October 2019 | $4,273.4M | $2,753.9M | $805.1M | $381.4M |
| October 2018 | $4,236.8M | $2,738.2M | $822.6M | $372.9M |
| October 2017 | $4,189.7M | $2,720.3M | $815.0M | $360.4M |
| October 2016 | $4,217.1M | $2,712.2M | $871.7M | $356.3M |
Homes are houses, condominiums, and apartment buildings; businesses are commercial and industrial real estate. Values are assessed values, before exemptions, except the total. Source: OPM, net grand list (opens in new tab).
Average single-family tax bill
In fiscal year 2027, the average single-family home in Wallingford was assessed at $301,753. At that year's mill rate of 24.57, its tax bill was $7,414.
| Fiscal year | Average assessed value | Mill rate | Average bill |
|---|---|---|---|
| 2027 | $301,753 | 24.57 | $7,414 |
| 2026 | $300,696 | 24.12 | $7,253 |
| 2025 | $208,492 | 30.66 | $6,392 |
Calculated by Publick. The average assessed value of 10,492 single-family homes in the state's 2026 parcel file, times the fiscal year 2027 mill rate. Connecticut assesses homes at 70% of market value. It's the bill before exemptions and credits. Connecticut doesn't publish an average bill.
Sources: OPM, mill rates (opens in new tab); OPM, Connecticut Parcel and CAMA Data (opens in new tab).
Property tax per resident
In fiscal year 2023, Wallingford's property tax came to $3,052 per resident. The median across 169 Connecticut towns was $3,308.
Calculated by Publick. Each town's adjusted tax levy for fiscal year 2023, from its audit as reported to OPM, divided by its population, the Department of Public Health's estimate. The median is of 169 Connecticut towns.
Property tax per resident depends on how much of a town's tax base is businesses rather than homes, and on seasonal homes, whose owners pay tax but aren't counted as residents. The figures are from each town's audit, so they are two to three years behind. Population: 43,725. Source: OPM, Municipal Fiscal Indicators (opens in new tab).
Town budget documents, including department detail, are on the town website (opens in new tab).
– means no figure for that year: the state hasn't published it, or, for a change, there's no earlier year to compare with.