On Wednesday, February 7th, the Governor proposed a bold two-year budget that would dramatically increase the State’s role in pre-K – 12 public education, gradually eliminate the property tax on most cars, and raise the top state income tax rate from 5.0% to 5.5%.

The documents below show how the Governor’s proposed budget would affect CCM Member Municipalities.

These files are available for download in .PDF format (portable document format), enabling viewing and printing by Dos, Windows, Mac & Unix systems. If you do not have a free .PDF viewer, you may obtain one free from Adobe at no charge, by clicking on the Get Acrobat icon.

The tables above show how the Governor’s proposed budget would affect each municipality. Note that the Governor’s proposal to eliminate the property tax on most cars has been described as revenue neutral (or better) for most municipalities. To accurately capture the effect of the revenue-neutral proposal on each municipalities' bottom-line, CCM has subtracted an amount equivalent to the proposed “CAR grant” under the line item “Loss from property tax exemption on most cars”. (The CAR grant would reimburse each municipality for its lost car-tax revenue.) Page 2 contains more detail on the Governor’s proposed budget and its impact on Connecticut’s towns and cities.

For more information on the state budget and its impact on Connecticut’s municipalities, please attend CCM’s February 13th Legislative Committee meeting at the Crowne Plaza in Cromwell, CT.

If you have questions, please call Adam Stern, Jim Finley, or Gian-Carl Casa of CCM at (203) 498 – 3000.