Yale and New Haven Sign $230M Deal, Raising Annual Payments to $30M
Yale agreed to pay New Haven more than $230M over 6 years — raising annual payments to $30M and eliminating an $8M budget cliff in a deal Mayor Elicker called unprecedented.
Tag: city budget
New Haven Finance Committee: 56% of City Real Estate Is Tax-Exempt
New Haven’s 2025 Grand List hit $9.26B, up 2.48%, but 56% of city real estate — including 43% owned by Yale — stays off the tax rolls at $10.6B.
New Haven Climate Office Seeks $171K in Budget to Replace Expiring ARPA Funds
New Haven’s climate office needs $171K in FY2027 general fund to survive as ARPA expires — Director Winter and Deputy Director Chua-Reyes positions are at stake.
New Haven Snow Clearing Costs Top Budget by $1.2M After Blizzard Calvin
New Haven is $1.2M over its snow budget after Blizzard Calvin. Contractor failures and 780 of 900 bus stops uncleared exposed at a Board of Alders debrief.
New Haven Exceeds $665K Snow Budget as Blizzard Calvin Costs Mount
New Haven exceeded its $665,000 annual snow removal budget by late February, spending $680,000 before Blizzard Calvin's final cleanup costs were tallied. Mayor Elicker says the total will be significantly higher.