“Revolutionary” State Budget? Property Tax Relief, New ED Aid For NB Is Part of Democratic Package

by John McNamara A tentative agreement among Democratic leaders on a biennial state budget  that begins July 1st appears to be good news for New Britain and other municipalities in terms of property tax relief and continued aid to the under-funded city schools. Late Saturday (May 31) Democratic legislative leaders and representatives of the Malloy Administration … Continue reading “Revolutionary” State Budget? Property Tax Relief, New ED Aid For NB Is Part of Democratic Package

Time Running Short For Property Tax Relief Bill: NB Would Gain Up To $8.8 Million If “Tax Fairness” Plan Makes It

New Britain would be in line for an additional $8.8 million from the state for property tax relief if legislation advanced by State Senate Democrats and approved by a key committee wins approval of the Legislature and is signed by Governor Malloy. An Act Concerning Tax Fairness and Economic Development (SB 1),  introduced by Senate … Continue reading Time Running Short For Property Tax Relief Bill: NB Would Gain Up To $8.8 Million If “Tax Fairness” Plan Makes It