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Wednesday, April 28, 2010

A LITTLE FYI, HOW DOES HARTFORD'S MIL RATE COMPARE STATEWIDE

First off, what is a "mil"? Here is the official definition form the State of Connecticut Office of Policy and Management (OPM)

Mill Rates

Description

A mill is equal to $1.00 of tax for each $1,000 of assessment. To calculate the property tax, multiply the assessment of the property by the mill rate and divide by 1,000. For example, a property with a assessed value of $50,000 located in a municipality with a mill rate of 20 mills would have a property tax bill of $1,000 per year.

Local property tax mill rates have been set for individual Connecticut municipalities for fiscal year 2009-2010. These rates are based upon the 2008 grand list and are available below. These are the most current mill rates and are reflected in each municipality's July 2009 tax bills.


Hartford's mil rate is approaching 80 mils. Here is a listing of all towns and boroughs for the State of Connecticut and their respective mil rates. The next highest mil rate is New Haven at 42.21.

Here are a few others:

Bridgeport 38.74
East Hartford 31.67
New Britain 34.98
New Haven 42.21
Stamford 26.50
Waterbury 39.92

Take a guess who is top on the list.

2008 Mill Rates

1 comment:

Anonymous said...

the Hartford mill rate is the highest in the state because Mayor Perez needs our money to pay his cronies for no show or low show city jobs and no bid or rigged bid contracts for his allies.

Kevin, any idea where the "reformers" are who recently won the DTC election for chair? We have not heard a peep from them in months and yet the citizens are interested in knowing exactly where they stand with Mayor Perez,city hall corruption and our dire financial situation.What type of message does it send to our citizens Kevin when a person under federal investigation for kickbacks ( diggs construction) is running the DTC meeting just a few days ago in which the Gubernortorial candidates were there?