Windsor manufacturers could save about $191,600 in local taxes if the Town Council approves exemptions despite missed filing deadlines.
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The Windsor Town Council on Tuesday will consider allowing two manufacturers that missed filing deadlines to still qualify for tax exemptions worth about $191,600 combined.
According to memos from Town Assessor Josh Gaston, Ortiz Tool LLC and New England Expert Technologies Corp. both missed the Nov. 1 deadline to apply for exemptions from local personal property taxes on manufacturing equipment.
The companies have since applied for deadline extensions, which municipalities have been authorized to grant since 2020 under state law.
Windsor has approved five such requests to date, according to Gaston. These are the first requests from Ortiz Tool and New England Expert Technologies, which operates as NE-XT.
For Ortiz Tool, approval would reduce its fiscal 2027 personal property tax bill from $49,924 to $219. The remaining amount represents a late filing penalty.
For NE-XT, approval would reduce its tax bill from $148,578 to $6,651.
Together, the exemptions would save the companies about $191,600 in local taxes.
Town staff are recommending the council approve both requests.
Ortiz Tool is a privately owned aerospace machining company operating from a 15,000-square-foot facility on Bloomfield Avenue, according to its website.
NE-XT, founded in 1998, is a precision manufacturer of complex machined components and assemblies for the aerospace, defense, power-generation and space industries. The company specializes in advanced CNC and multi-axis machining and says it has invested more than $16 million in new machining technology since 2023, according to its website.
