Almost every year the state gives less money to cities and towns for property they are unable to tax. But municipal officials are hopeful a bipartisan proposal may bring relief.
“For New Haven roughly 60% of our property is non-taxable. And so that means that New Haven residents and business owners who own 40% of the property in the city have to pay 100% of the taxes,” New Haven Mayor Justin Elicker said.
Elicker, a Democrat, said his city is running a $66 million deficit because of the state’s system of taxation and how state funding is currently redistributed.
