.

Is Meriden 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 Meriden, the city this year is raising $186 million from local property taxes to fund its budget and has a tax rate of nearly 34.70 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."

Overtaxed September 27, 2012 at 01:03 PM
Mill rates in surrounding towns like Wallingford, Southington, even Cheshire are nearly 10 full mills lower...it's insane...and what do you get for that money in Meriden compared to those towns?
Clelie Mills November 26, 2012 at 07:12 AM
We the citizens in Meriden are overtaxed! We get nothing in return for higher taxes. The city cannot keep raising taxes. Look how many properties are for sale. Industry keeps moving out of Meriden because of taxes. We pay our mayor more than other towns. For what? We need Wallingford's mayor to run the city of Meriden.

Boards

More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something