CITY OF NEW HAVEN MILL RATE FOR FISCAL YEAR 2013/2014 IS LOWERED AS STATE AID TO MUNICIPALITIES IS RESTORED
New Haven, CT) Tonight, the New Haven Board of Aldermen unanimously voted to lower the mill rate for fiscal year 2013/2014 by over one mill--from 41.88 to 40.80.
Just last Tuesday night, the Board of Aldermen unanimously voted to approve a City budget for the 2013/2014 fiscal year; that budget set the mill rate for the coming fiscal year at 41.88 (it is currently 38.88 and was 43.9 for fiscal year 2011/2012). That mill rate was set with the best information available at the time concerning the state budget’s impact on New Haven. While more recent versions featured less significant municipal aid cuts, the original proposed state budget called for $28 million in cuts to New Haven.
However, over the weekend, the Connecticut House of Representatives passed a state budget that almost fully restores municipal aid to current year levels. As a result, the New Haven Board of Aldermen were able to meet the deadline—which would have expired tomorrow— of reconsidering Appropriating Ordinance Number Two, the ordinance that sets the tax levy, and lower the mill rate for the coming fiscal year. The mill rate of 40.00 will result in a 4.94 percent tax increase, or about a $20 a month increase for the average New Haven homeowner.
“Since the City set an honest budget, the restoration of state aid to municipalities allows us to lower the mill rate for the coming fiscal year,” said New Haven Mayor John DeStefano, Jr. “I am grateful to the New Haven State Delegation for their exceptional work on restoring municipal funding.”
Tonight’s vote by the Board of Aldermen only changes the mill rate; the expenditure side of the City’s budget remains unchanged from last week and is a 2.4 percent increase over the current year budget.
Since Fiscal Year 2001-2002, the City’s full time general fund positions have decreased by 20 percent (or 335 positions). Mayor DeStefano also pointed out that, as a result of recent contract settlements, taxpayers will save approximately $12.5 million over the next four years.