Wednesday, April 23, 2014

JUST FOR A COMPARISON

Here are the mill rates for the entire State of Connecticut and all local tax districts.

These rates are for the tax year ending 2012 as listed on CT.gov

Hartford is open for business and we welcome homeownership with open arms.

Hartford is the highest

11 comments:

  1. What do you expect? If you do not know what you are doing the taxes are high. There is no new development in Hartford. Therefore no new taxes. Home owners can not pay all the taxes. New blood is needed. Who wants to move their business or family to Hartford the slum. NO ONE......The folks in charge a any new business coming to Hartford must go. The neighborhoods and small business is the key for Hartford. Nothing has changed Hartford is between New York and Boston and guess what folks that will never change.

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  2. In all fairness to Hartford, what would the mill rate be if all homes were taxed at 70 percent of assessed value as do most towns and cities within CT. Doesn't Hartford tax on somewhere near 30 percent of assessed value? I would argue perhaps this is not a true comparison when those factors are included in the mix.

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  3. I agree totally. Hartford is a disaster. Let the taxpayers dish out more money for the Mayor and his friends. What a waste?

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  4. Anonymous 7:35PM,

    you are correct, most one two and three family residential properties do receive tax relief courtesy of legislation from the State. Businesses do not, is it any wonder why Hartford can't attract Economic development? Hartford at almost 80 mills or Windsor at 27.33, not a tough business decision. Is it any wonder so many of Hartford's Corporations have moved to Windsor?

    Hartford does not have a revenue problem as much as a they do a spending problem. Until that changes more properties will be abandoned and off the tax rolls. Causing Hartford to slide further backward.

    How many properties does it take at 30% of fair market value to pay for the Mayor's scheduler or all of the Council Assistant's?

    Time for some serious belt tightening and City Hall needs to get a grasp on reality.

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  5. Yes. Remember, Hartford is not assessed at 70 percent. I believe its 30 percent. Therefore, the mill rate in actuality is less than half. If properties were assessed at 70 percent, Hartford would be a vacant ghost town! One must compare apples to apples.

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  6. I think that would make for an interesting study. I agree with Kevin in that businesses have no incentive to move to Hartford will the mill rate where it is, unless of course they pay no tax. The answers here are challenging at best and spending needs to be brought under control, that is a given. But at the same time, you simply cannot cut your way out of this long term problem and cannot continue to sell assets as when they run out what do you have left? Hartford must grow its grand list, lower the tax rate and attract more taxpayers business or otherwise. How do we do this is the question. We must all be part of the solution as its clear City Hall is lacking in ideas. What do we all think are possible solutions besides the obvious which is new City administration? Lets brainstorm...calling on all leaders to come together and have honest conversations and thoughtful solutions. We can and WILL be a great city once more!!!

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  7. The Courant suggests the problem is the State's reliance on the property tax to fund municipalities. But, anonymous 7:35 is correct:"Hartford does not have a revenue problem as much as a they do a spending problem."
    --------------
    The budget rose from $422 million in 2002-03 to $544.4 million in 2010-11, but has stayed in that range ever since, dropping to $538.8 million in the current fiscal year. Mayor Pedro Segarra and the city council have held the line with the state's highest mill rate, job cuts and a few gimmicks.

    In the 2014-15 fiscal year, Mr. Segarra proposes to spend $557.4 million

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  8. RIP - Janet Ann Appellof

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  9. Pedro's magic act with phony numbers and phony schemes needs to be exposed, just
    Like his phony story of how he came to Hartford and what he was doing when he arrived and did ongoing as a socalled resprespectable adult, he is the FOOL. Give him HELL Dr Deutsche, give him Hell!

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  10. Dirección General de Inteligencia

    or (DGI) From Cuba- has a Pedro E. Segarra file with pictures and audio which will become public prior the GE.

    Nene we are back to visit, Te acueldas.

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  11. It doesn't help that much of the prime real estate in the city is stated owned property. The state pays the city what's called a PILOT, which is essentially a drastically reduced figure or nothing at all if the state cries poverty. Hotels pay the state taxes, not the city...so that's another hit to tax base. Trinity college pays about 10k a year in taxes - figure that one out?
    Being the capital city has it's benefits, but also it's drawbacks when it comes to taxes.

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