The New Haven Independent has a look
at the mayor´s budget proposal
today, and there quite a few big news. Namely, out city is doing fairly well, but we will still end up paying more taxes because of that. Let´s see:
- The mayor drops the mill rate a bit
- Property revaluations phase in, so most properties are valued higher...
- So we all end up paying a higher tax bill.
I will never really understand how Connecticut still uses something as clumsy as property taxes to pay for services, but well. Anyway, the tax increase is basically used to keep current service levels, so we are trading of better city services (in theory) for a bigger tax bill. New Haven has survived the recession fairly well (all things considered), but we still need to make sure we get out of it stronger.
Is it worth? Do you like the budget? It is a good time to raise taxes? Opinions? Discuss!