Yale Withdraws Exemption Request for 282 Prospect St.; Assessor Corrects Records
Yale reversed a tax-exemption claim for 282 Prospect Street after Acting Assessor Alexzander Pullen learned the property hadn't been converted for university use.
Yale reversed a tax-exemption claim for 282 Prospect Street after Acting Assessor Alexzander Pullen learned the property hadn't been converted for university use.
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.
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 Public Schools faces an $18.9M deficit for FY2027. The Board of Alders heard Mayor Elicker's $733M city budget proposal March 9, which adds $5M for schools.
Cheshire's FY 2026-27 budget season begins with a $15 million gap. Public hearing March 11 at Town Hall. Last year's $146M budget passed 5-4 with a 12.7% tax increase.