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Data Shows 2011-12 As First Tax Rate Drop Since 2005-06

By Jenna Carlesso

May 24, 2011

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The last time city officials passed a budget that cut Hartford's tax rate was in the fiscal year 2005-06.

Last night, the city council adopted a budget that lowers the tax rate by half a mill, from 72.79 to 72.29 mills.

The 1997-98 budget lowered the tax rate from 29.88 to 29.50 mills. The tax rate has shot up significantly since then, the result of both tax hikes and state-mandated property revaluations.

In 2005-06, the tax rate went down, but as the result of a property revaluation, not cuts by city officials, city Assessor Lawrence LaBarbera said.

You can view year-by-year data of the city's tax rates by clicking in the Related Links box (document courtesy of LaBarbera):

Reprinted with permission of the CityLine blog of the Hartford Courant. To view other stories on this topic, search the CityLine at http://blogs.courant.com/cityline/ and the Hartford Courant Archives at http://www.courant.com/archives.
| Last update: September 25, 2012 |
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