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Is Montville Too Dependent on Property Taxes?

The Connecticut Conference of Municipalities says it is and that all of Connecticut's 169 towns are being shortchanged by the state.

 

Connecticut’s 169 municipalities have gotten little increased financial help from the state in the last five years and remain overly dependent on state aid, the Connecticut Conference of Municipalities says.

CCM, the main lobbying group for local communities, released a bulletin Monday to candidates for the state’s General Assembly urging them to make education funding a priority in the coming year, according to the Connecticut Mirror.

In Montville, the town expects to raise roughly $36 million from local property taxes to fund its budget and has a tax rate of nearly 30 mills.  

State aid for towns overall stands at about $3 billion per year, while Connecticut’s 169 towns collectively raise about $9 billion annually from local property taxes, James Finley, CCM’s executive director, told the Mirror. State aid to towns has remained relatively flat over the last five years. When you factor in the rate of inflation, that means towns have actually lost financial ground during that five-year period, Finley added.

The state aid figures represent an over-dependence by towns on local property taxes, something the General Assembly should address by closing shortfalls in education funding to towns, Finley said.

"The key to property tax relief is education finance reform," Finley told the Mirror. "The overdependence on the property tax is unsustainable, and hometown Connecticut is in desperate need of revenue assistance."

Dan September 26, 2012 at 07:55 PM
My taxes have gone up far faster than inflation rates! I am seriously considering moving due to increased tax burden being placed on us
jane September 27, 2012 at 10:17 AM
Every time we vote in someone that promises to cut government spending, be it on a Federal or State level, you have to understand that you local taxes will go up. Cutting government spending at those levels is just another form of redistribution.
Dana McFee September 27, 2012 at 11:21 AM
well said Jane!!

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