Proposal to reduce average tax introduced
MIDDLEFIELD — The first selectman released a revised town budget this week which will reduce the mill rate on real and personal property.
With the passage of the state’s biennial budget, First Selectman Ed Bailey’s proposal reduces the property taxes on the average home by $342, according to a press release. After adoption by the Board of Finance, a revised tax bill will be sent to property owners in early December for the Jan. 1 installment.
For those that have already paid taxes in full, a tax refund check will be issued, Bailey said in the release.
“I am very pleased that I can propose returning these real dollar savings back to the taxpayers of Middlefield and Rockfall,” Bailey said in a prepared statement.
The state legislature is allowing towns to adjust their mill rates mid-year, an action that had been prohibited in the past, according to officials. Middlefield’s new annual mill rate will drop from 36.61 mill to 34.49 mill. The town’s motor vehicle tax, now set at 32 mill, is expected to be unchanged, the release said.
The process for revising the town budget requires Bailey submit a revised budget to the Board of Finance for consideration, followed by public hearings and a town meeting for final adoption.