New Haven’s budget will see a drop in the tax rate, but higher bills for homeowners are still likely

NEW HAVEN — The city’s tax rate will drop by $3,000 as part of the $633.17 million budget for the 2022-2023 fiscal year approved by the Board of Alders, but many homeowners’ tax bills will increase further due to the revaluation

The budget, which increases spending by 4.42% over the current year, will give the Board of Education an additional $4.5 million in its budget of $195.26 million, down $500,000. than what Mayor Justin Elicker had proposed.

The new budget also adds Sunday hours at all five city libraries and adds 15 new municipal positions.

The reassessment, which Elicker originally proposed to be spread over five years, will instead be spread over two years under changes made by the alder finance committee earlier this month.

The tax rate will drop by 3 mills, from the 42.75 mills proposed by Elicker to 39.75 mills for the 2022-23 financial year under amendments approved earlier this month by the finance committee, then to again by the full board after finance committee chair Adam Marchand, D-25, introduced them this week.

Both are lower than the current year’s 43.88 mills, although the revaluation will cause many homeowners to see higher values ​​and therefore pay more property taxes.

Each mill equates to $1 tax per $1,000 of estimated land value.

“I know how difficult this budget process is…but our city is great — and the underlying dynamics of our city give us hope,” Marchand said. “The city is growing, and if we do our job together,” New Haven will have a “bright future,” he said, thanking Yale University, State Sen. Martin Looney, D-New Haven and the General Assembly for their support. .

The Board of Alders approved the budget by a 25-2 vote, with East Rock Alder Anna Festa, D-10, and Newhallville Alder Devin Avshalom-Smith, D-20 voting against.

Several alders referred to the fact that taxes continue to rise for some residents in a year the city received more than $100 million under the US federal bailout law, more than doubling the amount she receives from the pay-in-lieu program. from $41 million to more than $90 million, and has received a pledge of an additional $52 million over the next six years in voluntary contributions from Yale.

“I don’t support the mayor’s budget, but I’m not sure I can support this one either, because I think we could have done more,” Festa said. “We have all received phone calls, emails, text messages from our residents asking us to do more to reduce taxes. … We need more.”

Three Alders were absent and did not vote, including Alder Ellen Cupo, D-8, who is on maternity leave, and Alders Renee Haywood, D-11, and Jose Crespo, D-16.

“This is a budget that reflects the values ​​of New Haveners and addresses so many critical priorities for our residents, from public safety and public health to public education, day-to-day issues and services. to quality of life,” Elicker said in a statement sent after the vote. “It also funds many important programs for our children, youth, families and seniors.

“When you compare this year’s budget to last year’s budget, New Haven is in a much better financial position because of the increased funding that we fought so hard for and were able to secure. the State of Connecticut, with the doubling of our annual PILOT (Payment in Lieu of Taxes) to $91 million, and Yale University, with the near doubling of its annual voluntary contribution to $23 million “said Elicker.

“These new funds have allowed us to meet the city’s financial obligations, provide essential city services and programs, and begin to address our long-term fiscal issues such as underfunded pensions and excessive borrowing – while cutting taxes,” Elicker said.

“Additionally, in conjunction with the Board of Alders, I am pleased that this year’s budget is funding several important new initiatives for New Haven families, including increased funding for our public schools, more programs for our youth, and extended library hours so all five branches will now be open on Sundays,” he said.

“As our property values ​​and property taxes increase during this year of state-mandated property reassessment, and the Board of Alders and I may disagree on how quickly to phase in the tax increase land – I would have preferred the more gradual five-year phase in that I proposed as opposed to the more compressed two-year phase advanced by the alders so that residents had more time to familiarize themselves with the new property values ​​and new taxes – alders and I share the goal of balancing the city’s need to provide quality services with the taxes residents pay,” Elicker said.

“Finally, while we still have work to do, we continue to make meaningful progress in addressing our city’s challenges and charting a brighter future for our residents,” he said. “I want to thank the Board of Alders for their constructive partnership in this year’s budget process and I will sign this budget into law.”

[email protected]

Previous Hartford HealthCare program aims to make nutrition accessible - NBC Connecticut
Next Mohegan Tribe partners with Yale University to fight problem gambling - NBC Connecticut