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New NY budget totals $216.3B; offers aid for some businesses

The New York State Executive Budget for Fiscal Year (FY) 2023 was unveiled today by Gov. Kathy Hochul and Budget Director Robert Mujica Jr., and totals $216.3 billion, an increase of $3.4 billion from the current estimate of what will be spent in FY 2022.

State Rep. Meskers: CT must ‘hold the line’ this year ...

The pressure in New York state, New York City, Massachusetts and even New Jersey to raise taxes is immense,” the Greenwich Democrat declared. “I believe we are one of the relatively cheaper places to exist” in the area.

NO SALE: Fairfield County real estate brokers say ‘mansion tax’ would...

Fairfield County unit sales were up in December 2020 by 59% compared to the previous December, with the median sales price of $606,000 representing a 34.7% increase.

10 Fairfield County towns would bear the brunt of state Sen....

The Senate President Pro Tem’s proposal would require homeowners to pay an additional $50 in property tax a year for a house with a market value of $500,000, and another $400 a year for houses valued at $1 million.

Proposed Westchester County spending $2.1B, tax cut $1M

Westchester County Executive George Latimer today unveiled the proposed operating budget for 2020. As previously announced by Latimer during a news conference staged on...

Yonkers IDA approves financial incentives for $177.3M riverfront apartment project

Rose Associates’ plan calls for a 7-story building with 440 rental apartments, 10% of which would be in the affordable category.

Latimer: County sales tax increase won’t hurt mom and pop businesses

County Executive George Latimer said that people don’t make shopping decisions based on small differences in sales tax rates.

Kingston and Fairfield County shoreline lead nation in property tax hikes

Housing markets in New York State and Connecticut ranked among the highest for effective property tax hikes during the 2007-2017 period.

Hospitals balk at Malloy property tax plan

Governor forecasts $212.2 million in new revenue with his plan.

Connecticut Conference of Municipalities seeks to expand sales tax base

Organization cites "lack of diversity in revenue sources" as driving force behind proposal.

Ten tips for avoiding municipal tax penalties

Each July, nearly everyone who owns real estate, motor vehicles or business equipment in Connecticut owes municipal taxes. Here are 10 tips for avoiding tax penalties.

Collaborative effort

Municipal officials call for county, statewide reform of property assessment system to alleviate taxes.