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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 […]

Posted inCities & Towns, Education, Health, Housing, Money, News, Politics, Transportation

Connecticut faces long crawl out of wealth extremes, crushing debt

Whether it’s expanding access to education and health care, rebuilding roads and cities or making taxes fairer, leaders have many ideas to reduce wealth inequality and promote prosperity. But they remain uncertain about how to solve this crisis while Connecticut simultaneously grapples with a historic debt burden that also threatens its future.

Posted inEnergy & Environment

Connecticut’s vanishing shoreline: Towns trying to beat the odds

Shoreline resiliency against sea level rise and flooding in Connecticut is largely in the hands of local governments. But with money tight and local budgets reliant on the taxes shoreline properties generate, efforts to protect coastal communities from climate change have been slow and underfunded. Some communities, however, are making more progress than others.

Posted inEnergy & Environment

Connecticut’s vanishing shoreline: One storm away from disaster

Connecticut is fortunate it hasn’t been hit by a tropical-style storm since the successive storms of Irene and Sandy in 2011 and 2012 swamped the coastline, illuminating its vulnerabilities to the effects of climate change. That’s because there’s a general consensus that if either of those storms were to hit now, they would be just as damaging.

Posted inMoney

Among Connecticut cities and towns, the wealthiest are the big spenders

While Connecticut’s distressed cities often are perceived as having bloated budgets, the wealthy suburbs easily outspend their urban neighbors on a per capita basis, sometimes by margins nearing two-to-one. More importantly, shrinking state aid, a lack of revenue diversity and an over-reliance on a regressive property tax system threaten to widen tremendous disparities that already exist between Connecticut’s poorest and richest communities. Second in a series.

Posted inMoney

Already deep in debt, Connecticut struggles with extremes of wealth and income

The growing gap between Connecticut’s richest and poorest citizens, which already outstrips that in most other states, has widened dramatically since the last recession. While only the most affluent households improved their standing, the rest lost ground. How to address this inequality and a crushing state debt at the same time will be at the core of Connecticut’s political debate for years to come. First in a series.