The Dreaded Greenwich Property Tax Bill Has Arrived
- 1 day ago
- 2 min read
Just in time to ruin Father’s Day weekend, the FY 2026/27 Greenwich property tax bills have officially hit mailboxes.
You can easily compare this year's bill with what you paid last year by accessing your current statement and payment history here:
While you recover from the initial sticker shock, let’s recap exactly how we got here.
The Hard Truth
As we highlighted in our May 19, 2026 blog (Let's Be Honest About the Greenwich Mill Rate), a combination of high town spending and lagging commercial office valuations, has heavily shifted the financial burden onto local homeowners.
Residential and condo owners in Greenwich are bearing the brunt of this shift:
Average Residential Rise: An increase of almost 8%.
Condo Owners: Facing a steep 13.60% increase.
District 1 Residents: Seeing a massive 15.25% spike.
Don't be Fooled
When you see your higher tax bill, you won't feel any better being told that Greenwich maintains the "lowest mill rate in the State of CT." Because our property values are so high, Greenwich residents already pay among the highest property taxes per capita in the entire state.
Why are our bills climbing so fast? Just look at the mismatch in town spending:
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School Spending Up, Enrollment Down: Our local population is growing at a modest crawl of less than 1% per year, but our public school enrollment has actually been shrinking. Over the last three years, Greenwich Public Schools lost 843 students, yet, the school operating budget just grew to a record $207.1 million. We are educating fewer kids, but spending millions more to do it.
Capital Spending Out of Control: This year, the town’s capital spending plan hit an unprecedented total of over $100 million (combining a record $66 million in cash levies and nearly $70 million in new debt). While officials frame these figures as necessary "investments," the real issue is green-lighting projects without tightly controlling their size and scope. For example, the Dorothy Hamill Rink project was supposed to be a simple replacement of an aging 21,000-square-foot building. Instead, it ballooned into a 40,000-square-foot ice emporium, carrying with it the massive cost of fully redesigning a 13-acre park.
Between the Lines: When the Greenwich population is barely growing and the public school enrollment is actively declining, you have to ask why town spending levels are rising so aggressively. There is no such thing as a free lunch—and right now, Greenwich taxpayers are picking up a very expensive tab.