bethel: Bethel, CT Proposes $58.7 Million Budget
- 03/08/07 12:35 PM
Bethel, Connecticut, has proposed a $58.7 Million budget for the 2007-2008 fiscal year. This includes $35.8 Million for the schools and $22.9 Million for the town. This represents an approximate 3.6% increase to the mill (tax) rate. Currently, Bethel's mill rate is 27.75, and this proposed budget would increase the mill rate to around 28.75. A home with an assessed value of $200,000 would see a $200 increase in its property taxes. The proposal calls for one additional police officer, one additional building maintenance employee, and one new part0time position to work for both the assessor's office and the tax collector's office. (0 comments)
bethel: Proposed Connecticut State Budget to Fund Education
- 02/08/07 12:28 PM
Connecticut's Governor recently released her proposed budget for the state. Included are additional monies to fund education. The plan calls for an additional $1.1 Billion to be given to towns and cities over the next five years to help pay for school costs. Funding for these expenses will be derived from an increase in the state income tax of .25% in 2008 and another .25% in 2009. While town leaders are pleased with the possibility of receiving additional funds to defray education costs, they are concerned that the final state budget will be probably be approved in June, which is after the local (0 comments)
bethel: Bethel, CT Property Revaluation
- 02/08/07 11:39 AM
The Bethel, Connecticut property revaluation is currently taking place, as per state law that requires towns to revaluate all property every five years. Tyler Technologies/CLT has been hired to perform the revaluation of all 6,900+ parcels of real estate in Bethel. Commercial property inspections have already begun, and residential inspections will begin this week. It is expected that the revaluation will be completed by the end of May, 2007, but the inspectors must visit every home and business in town before completion in order to determine its current market value. Information about the current revaluation, including a Q&A, can be found on the (0 comments)
bethel: Bethel, CT Seniors Can Receive Property Tax Relief
- 01/22/07 01:18 AM
Bethel, Connecticut senior citizens can receive discounts on their real estate property taxes, but they must apply by May 15, 2007, to be eligible for the tax relief for the July 1, 2007 - June 30, 2008 property tax year. Certain income requirements must be met in order to qualify. Property tax discounts for seniors range from 10% - 75%, depending on income, as detailed in the chart below: INCOME TAX CREDIT$0 - $14,400 75%$14,401 - $19,400 60%$19,401 - $24,200 45%$24,201 - $28,800 30%$28,801 - $35,300 15%$35,301 - $42,800 10% Eligible seniors must apply through the through the town's tax collector's office between (0 comments)