Income and Expense Reports The Assessor’s Office is required by law to revalue all property for the assessment date of October 1, 2012. In order to appraise income-producing properties properly, information concerning the income and expenses related to income-producing property is essential. Section 12-63c of the Connecticut General Statutes requires all owners of rental property to file income and expense forms prior to revaluation. Any information related to the actual rent, rental related income and operating expenses shall not be public record and is not subject to the provisions of the Freedom of Information Act, Section 1-210 of the General Statutes of the State of Connecticut. IN ACCORDANCE WITH SECTION 12-63c(d) OF THE GENERAL STATUTES OF THE STATE OF CONNECTICUT, ANY OWNER OF RENTAL PROPERTY WHO FAILS TO FILE THESE FORMS OR FILES INCOMPLETE OR FALSE FORMS WITH THE INTENT TO DEFRAUD, SHALL BE SUBJECT TO A PENALTY ASSESSMENT EQUAL TO A TEN PERCENT INCREASE IN THE ASSESSED VALUE OF SUCH PROPERTY. Owners of ONE, TWO, THREE, FOUR, FIVE and SIX FAMILY properties DO NOT need to fill out a form. Properties that are 100% owner occupied or properties that are leased to a related party, should still complete the forms by checking the correct box at the bottom of the form. All forms should be signed, dated and returned to the assessor’s office on or before June 1, 2011. If you have any questions, please feel free to contact us. 2011 Instructions Income & Expense Blank Form Clubs/Halls Report Schedule A & B Blank Form