DTC Meets Thursday May 28th…..DTC Chair Forms Exploratory Committee….Tax Fairness Legislation = $8.8 Million More For NB

May Meeting: Town Committee Meets Thursday May 28th At NB City Hall

The Democratic Town Committee will meet on Thursday, May 28th at 7 pm for its May meeting. All Democrats are welcome to attend. The meeting will be held at New Britain City Hall, 27 West Main Street, Room 504.

Updates on the municipal budget and legislation impacting the city will be shared.  (SEE “From The Chair: Time For NB To Push Tax Fairness Bill” below)

The state Legislature is in the last days of the 2015 session and budget negotiations are underway that will determine state aid amounts and tax relief to cities such as New Britain. The Common Council has a mid-June deadline to establish a city budget for the fiscal year that begins July 1st.05282015_MEETING

An update will also be provided on the municipal nominations process.  To date,  20 candidates have expressed interest in joining the Democratic slate to fill 27 positions. The nominating group will resume candidate interviews June 1st.

Democratic Chair Forms Exploratory Committee

DTC Chair John McNamara has formed his own exploratory committee for a candidacy in this year’s municipal election.  In a letter to the membership and Democrats this week McNamara says “one year after residents were hit with an 11% property tax hike, higher fees and cuts to community services a vigorous debate on City Hall budget priorities and policies is needed.”

“New Britain faces growing challenges to maintain the services that residents need, to reduce the burdens of a regressive tax system and to build a sustainable  community not just for some but all its citizens,” states McNamara.  “It’s time to hold the Mayor and Common Council accountable. Citizens deserve nothing less.”

McNamara was elected to the Board of Assessment Appeals in 2013 and is its Chairman. He is a former Chair of the city Building Commission and has led Democrats in the city since 1994.

 

It’s Time for NB To Push Tax Fairness Bill; City In Line For $8.8 Million If It Passes

New Britain would be in line for an additional $8.8 million from the state for property tax relief if legislation advanced by State Senate Democrats and approved by a key committee wins approval of the Legislature and is signed by Governor Malloy.

An Act Concerning Tax Fairness and Economic Development (SB 1),  introduced by Senate President Martin Looney (D-New Haven), is one of the strongest measures introduced in many years to address the burdensome property tax.

“We are looking at trying to do something that is transformative,” Looney told the Connecticut Mirror. He said “fears about “overly opulent” municipal spending are as unfounded as “knee-jerk reactions” against increasing sales taxes.”

A key provision would change “the unfair and regressive car tax by establishing a permanent cap on the car tax in all towns. No car owner will pay more in car taxes, and no municipality will see a revenue loss as a result of this plan, ” according to Senate Democrats.

The legislation,  beginning with the 2015 assessment year (for taxes to be paid in FY 17), would  allow municipalities to tax motor vehicles at a different rate than other taxable property, and would  cap the motor vehicle rate at 29.36. Currently, New Britain taxpayers pay the 49 mill rate for both real and personal (car) taxes.

The tax reform bill would address the loss of revenue from car taxes and return more aid to municipalities with a major overhaul of how the state shares aid to localities. It would  “restructure the state’s payment in lieu of taxes (PILOT) programs by establishing minimum annual payments and a method for disbursing PILOT grants when appropriations are not enough to fund the full grant amounts. It establishes a mechanism for sharing state sales and use tax revenue in the Municipal Revenue Sharing Account (MRSA) with municipalities and the state’s nine regional councils of government (COGs).

The Legislature must send up a state budget to Governor Malloy by June 3rd when the session ends.   Absent a resolution of the new two-year state budget a special session is possible.

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THANK YOU

Labor donated. Any costs associated with this message paid for by New Britain Democratic Town Committee, Post Office Box 2112, New Britain CT 06050   John Valengavich, Treasurer. Approved by John McNamara

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About nbpoliticus

NB Politicus is a weblog featuring news and commentary on politics, government and community life in New Britain, CT. John McNamara - Editor and Writer
This entry was posted in City Hall, Legislature, Meeting/Event, Municipal Budget, taxation and tagged , , , . Bookmark the permalink.

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