Property taxes and revenue to Connecticut municipalities has more than doubled since 1981, while Connecticut residents’ median income levels have grown very little, according to a new report.
The Parent Express - a party bus loaded with education materials, books, and volunteers - took to the road on Wednesday to visit school children and parents in 10 different cities and promote the joys of learning for both children and their parents.
With the state facing a $3.5 billion budget hole and the legislature unable to reach a budget agreement, Gov. Dannel Malloy put forth a revised budget which offers a mix of smaller tax increases and municipal cuts. The governor’s "compromise" budget offers some mandate relief to municipalities but would require towns to pay a portion of teacher pensions, albeit less than his original budget proposal.
Gov. Dannel Malloy’s executive order, which zeroes out education funding for 85 school districts in Connecticut, could result in massive property tax increases - even to towns that are already struggling - if the state legislature cannot reach a budget deal by October 1. The property tax increases needed to deal with the cuts could mean up to a 40 percent increase to the mill rate for some municipalities, equalling 2.5 percent of the average household income in those towns, according to data compiled by the Western Connecticut Council of Governments.