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.
Clarice Elarabi woke up at 3:12 a.m. feeling "just so hot. Like, on fire."
She stuck her head out of the window. She took a cold shower. She tried…
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HARTFORD, CT – The Office of the Child Advocate released a report this week detailing multiple failures of the Vernon Public School district and the… more »
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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.
Clarice Elarabi woke up at 3:12 a.m. feeling "just so hot. Like, on fire."
She stuck her head out of the window. She took a cold shower. She tried…
more »
HARTFORD, CT – The Office of the Child Advocate released a report this week detailing multiple failures of the Vernon Public School district and the… more »
by Over A Barrel, A Gasbuddy Podcast | May 10, 2024 4:45 am
Gas prices are doing something few expected, but GasBuddy predicted. Join us for the low down on what's happening at pumps near you, and find out… more »
HARTFORD, CT – Gov. Ned Lamont told reporters Thursday morning that he won't support a bill that would use taxpayer money to establish a striking… more »