Deborah Foss is a 67-year-old grandmother who survives on a small fixed income from Social Security. She has several medical conditions, including chronic lymphocytic leukemia, COPD and neuropathy. Why did state officials take her house away?
Broad agreement has been reached on a revised one-year state budget proposal, Connecticut Gov. Ned Lamont and his fellow Democrats in the General Assembly announced Wednesday.
Hartford’s mayor formally proposed a major cut to the city’s highest-in-Connecticut property tax rate, part of a plan intended to lure more development.
Hartford Mayor Luke Bronin wants to shed his city’s crown as the place with the highest property tax rate in the state.
New Haven landlords are threatening to pass increased property taxes on to their tenants if the city doesn’t also lower its mil rate further.
The state Senate’s chairman of the Finance Revenue and Bonding Committee said he was disappointed the final budget passed by the General Assembly this week did not include tax increases.
Thanks to the unusually large jump in housing prices over the last 12 months, plus a major shortfall in state and county revenue from other sources, your property taxes may well increase by 2023.
The state Senate’s highest-ranking Democrat hopes to tax high-end homes and commercial property in an effort to help lower tax burdens in the state’s poorest cities and suburbs.
Connecticut residents, businesses and landlords are getting a three-month grace period on taxes due to the COVID-19 pandemic
The Democratic-controlled House approved legislation Thursday to suspend for two years the $10,000 cap on state and local tax deductions that came with President Donald Trump’s massive 2017 tax law, which some say has helped keep down demand for high-end housing.
With the highest property tax rate in the state, Hartford has long struggled to attract as much commercial development downtown as many want or say it needs to fund its schools and other services given the large amount of non-taxable property within its borders.
Hartford Mayor Luke Bronin, who is fighting for reelection this year, said reducing the city’s crushing property tax burden should be an “urgent priority.”
A new analysis by the state’s largest association of cities and towns shows 79 Connecticut municipalities increased property tax rates for the new fiscal year.
Buyers paid more than $770,000 to the city of Hartford for 11 blighted properties at a recent auction, the first such sale of tax delinquent properties held since 2015.
Connecticut still has one of the highest property tax rates in the country, according to a new study.
Connecticut homeowners paid some of the highest real estate taxes in the country again last year, according to analysis from the National Association of Home Builders.
