DERBY — Residents can breathe a little easier this week after state lawmakers voted to delay the start of Derby’s revaluation for one year.
What’s A Reval?
Revaluation refers to the process by which a given property’s assessment is determined. Click here for a detailed explanation from the Town of Wolcott.
Property assessments are a key part of the local tax formula. Tax bills are calculated by multiplying the assessed value of a property by the mill rate and then dividing by 1,000. If a revaluation raises a property’s assessment, and a mill rate stays the same or is raised (or isn’t lowered enough to balance the new assessment) — a tax bill goes up.
State law mandates every community in Connecticut to conduct revaluations every five years.
SEYMOUR – The Seymour Board of Finance on Wednesday (May 8) unanimously approved a reduced town and school budget for fiscal year 2024 – 2025, nearly a week after voters rejected both budgets.
The board met via Zoom where members approved a $66.4 million bottom line. That is $240,000 less than the budget rejected by voters on May 2.
A second budget referendum is scheduled for 6 a.m. to 8 p.m. May 16 at the Seymour Community Center, 20 Pine St.
ANSONIA – The city is looking to lease the long-vacant former SHW plant to a fuel cell developer.
Mayor David Cassetti’s administration is currently in talks to lease four acres of the property on 35 N Main St. to Johnson Controls.
The company plans to build nine, 440-kilowatt fuel cells there. Ansonia Economic Development Director Sheila O’Malley said she expects the lease to be signed as early as this month.
ANSONIA – Two speakers raised questions about Ansonia Mayor David Cassetti’s proposed budget at a virtual public hearing on Monday (May 6).
Cassetti’s $67.1 million budget is a $2.6 million – or about 4 percent – more than the 2023 — 2024 budget approved last June.
Cassetti’s budget includes a 0.25 mill rate increase, from 26.24 mills to 26.49 mills. If approved, this would be the first mill rate increase in Ansonia since 2019.
If the budget is accepted as proposed, a single-family house on Holbrook Street assessed at $180,000 would pay $45 more per year in taxes.
New Haven is hustling to find more white, Asian, and suburban kids for three inter-district magnet schools -- or else face a potential fine for…
more »
THOMPSON, CT – The New London County Farm Bureau is spearheading a renewable energy campaign to convince the state of Connecticut to look at on-farm… more »
DERBY — Residents can breathe a little easier this week after state lawmakers voted to delay the start of Derby’s revaluation for one year.
What’s A Reval?
Revaluation refers to the process by which a given property’s assessment is determined. Click here for a detailed explanation from the Town of Wolcott.
Property assessments are a key part of the local tax formula. Tax bills are calculated by multiplying the assessed value of a property by the mill rate and then dividing by 1,000. If a revaluation raises a property’s assessment, and a mill rate stays the same or is raised (or isn’t lowered enough to balance the new assessment) — a tax bill goes up.
State law mandates every community in Connecticut to conduct revaluations every five years.
New Haven is hustling to find more white, Asian, and suburban kids for three inter-district magnet schools -- or else face a potential fine for…
more »
THOMPSON, CT – The New London County Farm Bureau is spearheading a renewable energy campaign to convince the state of Connecticut to look at on-farm… more »