[nep321]

So, last month the new fiscal year 2017 real and personal property tax mill rates have been released on the Office of Policy and Management website and I figured I would share. I have exported and manipulated the data so that you can see the percentage increase in mill rate for each city, town and borough in CT.

The vast majority of towns are seeing an increase, while a few saw no change, and only 15 with a decrease. I have the full list, so if you want to know a specific one, just ask me. I am not sure how to share a PDF file on here.

I am highlighting some notable changes as follows:

NOTABLE INCREASES:

Bridgeport: +28.8% (DAMN!)
West Haven: +12.8%
Hamden: +11.0%
Derby: +10.2%
Stratford: +5.4%
Rocky Hill: +4.4%
Bristol: +4.1%
Waterford: +3.7%
Waterbury: +3.4%
Enfield: +3.2%
West Hartford: +3.1%
Meriden: +2.3%
South Windsor: +2.2%
Middletown: +2.1%
Granby: +2.0%
Southington: +1.7%
Newtown: +1.6%

NOTABLE NO CHANGE (0.0%):

Coventry
East Hartford
Hartford
New Haven
Shelton
Simsbury

NOTABLE DECREASES:

Westport: -6.8%
Greenwich: -0.6%
Ansonia: -0.5%
Windsor Locks: -0.5%
Trumbull: -0.4%
Newington: -0.1%

[JayCT]

Mill rates mean little without knowing if it was a revaluation year. Jay

[nep321]

Originally Posted by JayCT

Mill rates mean little without knowing if it was a revaluation year. Jay

Well of course. The rate is just part of the equation. The other factor is the assessment. It's possible to have an increase in your property tax bill even if you live in a town where the mill rate decreased. However, Bridgeport's increase of 29% is unprecedented. A lot of people will be in for a surprise.

[RunD1987]

Wouldn't that put Bridgeport into the 80's?

[BPt111]

Originally Posted by RunD1987

Wouldn't that put Bridgeport into the 80's?

2016-2017

1. Hartford 74.29
2. Waterbury 60.20
3. Bridgeport 54.37
4. New Britain 50.50
5. Naugatuck 47.67



Other CT towns

New Haven 41.55
New London 40.46
Norwalk 25.44
Stamford 25.76
Middletown 33.30
Ansonia 37.32
Derby 39.37
Meriden 37.47
East Hartford 45.86
Hamden 45.36
Windham 35.35
Norwich 41.22
Danbury 28.68
Stratford 38.99
Milford 27.84
Manchester 39.68
Fairfield 25.45
Trumbull 32.74

Darien 15.77
Glastonbury 36.40
Farmington 25.78

CT richest towns have lowest mill rate Greenwich for etc has mill rate of 11

Sources: http://www.ct.gov/opm/cwp/view.asp?Q=385976
http://www.centralctcommunications.c...05a950a6d.html

[RunD1987]

Wow Naugy and New Britain are high as well. A lot of this is due to the cap on car taxes. Less property owners more renters. Probably will balance out sort of higher rent low paying jobs. Will be interesting. State and cities need to figure a solution out quick.

[BPt111]

Peter Spain, a resident of Bridgeport, outside City Hall. The jump in the tax rate, and a frustration with the city’s management, prompted Mr. Spain to apply for a Guinness World Record: “highest one-year increase in property tax rate in the world.”

“It’s one of the poorest cities in the country,” he added. “You are now taking the same amount of spending and spreading it out over a smaller base and your tax rate has to increase.”



http://www.nytimes.com/2016/10/11/ny...smtyp=cur&_r=0

[BobNJ1960]

Originally Posted by RunD1987

Wow Naugy and New Britain are high as well. A lot of this is due to the cap on car taxes. Less property owners more renters. Probably will balance out sort of higher rent low paying jobs. Will be interesting. State and cities need to figure a solution out quick.

answer = control spending.


Public spending went up many times COL change for decades, and requires a period going up < COL change for decades to catch up.

[beerisgood02]

Westport had a reassessment; most property values went up in town making the decreased mill rate useless since our property tax increased.

[Stylo]

Originally Posted by RunD1987

Wow Naugy and New Britain are high as well. A lot of this is due to the cap on car taxes. Less property owners more renters. Probably will balance out sort of higher rent low paying jobs. Will be interesting. State and cities need to figure a solution out quick.

Property taxes are still paid on rental properties... By the owner.