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03/29/2017 08:00 AMWhen the canary in the coal mine dies, it no longer is the problem of the canary. These are the problems at hand in the Clinton fiscal coal mine:
The new budget requested is an increase in spending from last year by 4.4 percent. This is a tax increase of three-plus mills, or $800 more yearly tax on a house assessed at $250,000.
Sadly, foreclosures in Clinton are just under four per month—folks losing homes, jobs, and a life.
Our mill rate/tax will go up anyway because the Grand List—the total value of all the taxable property in town—is flat; actually down a bit.
The State of Connecticut budget is suggesting a more than $5 million reduction in Clinton’s funding. This creates a set of strange circumstances. Our budget, the 4.4 percent increase, is voted on Wednesday, May 10. Voters have a voting option. Approve of a spending increase of 4.4 percent or not.
After the final state cuts are in place sometime midsummer, however, a new issue arises.
We are guessing now at revenue coming from the state for this budget. With a shortfall, an additional special tax will sent out. It might be an increase of another two mills, more or less, so on a house assessed for $250,000, the potential is that this new added tax could be more than $200. And this is not, I repeat, not a one-year problem.
There is also a new $7 million debt/bonding package. Taxpayers can vote that on May 10.
On Wednesday, April 12, at Town Hall at 7 p.m., there is a public hearing on the budget. All town taxpaying adults are welcome to speak and ask questions, and get a budget copy.
On May 10, those who pay property tax in Clinton should vote. This is their budget.
Ona Nejdl
Clinton
Ona Nejdl serves on the Board of Finance.