Hartford’s largest tax-exempt institutions argue they simply can’t afford to pledge any significant revenue to the city’s operating budget.
Matt Pilon and Gregory Seay | Hartford Business Journal
Posted inCities & Towns, News
Solution: Alternative revenue sources could bolster city budget, lower tax rate
Massachusetts lawmakers — a place where municipalities rely heavily on property taxes — gave their cities and towns a powerful new revenue-raising tool.
Posted inCities & Towns, News
Myriad ideas exist to solve Hartford’s property tax dilemma
Owner John Tornatore’s Gordon Bonetti Florist is one casualty of Hartford’s unique property tax system, which leans more heavily on businesses than homeowners. Tornatore pulled up stakes for neighboring Wethersfield, where he says he’s enjoying much lower tax bills. For years, John Tornatore chafed at the high personal and real estate property taxes the city […]