East Haven Adopts $116.98 Million FY 2026-27 Budget
East Haven’s Town Council adopted a $116,980,960 budget for fiscal 2026-27 on April 23, not the $117.7 million first reported; the 35.78-mill rate is about 7% above the prior year’s 33.44 mills.
Tag: property taxes
CT Lawmakers Debate Property Tax Relief as May Session Deadline Approaches
CT lawmakers weigh a $500M Lamont rebate vs. a permanent $650 property tax credit from House Republicans. A Finance Committee package of ~$900M in options advances to negotiations.
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 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.
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.