HARTFORD, CT — They’ve pitched the abstraction before, but it’s an Election year so they’re aggravating again. The Connecticut Conference of Municipalities wants an access the accompaniment sales tax to advice armamentarium borough aid.
Cities and towns appetite the accompaniment to access the sales tax from 6.35 percent to 6.99 percent. It wants to administer the aberration to cities and towns through the payment-in-lieu-of-taxes or PILOT and the Bounded Capital Improvement Affairs or LoCIP.
“We adduce that acquirement calm from this allocation of the sales tax be deposited in a trust, captivated by the Accompaniment Treasurer in a abstracted annual that is not commingled with added accompaniment funds,” the accumulation said in its latest action brief.
That’s because the antecedent agreement involving breach some of the sales tax to municipalities didn’t go as planned.
As allotment of the 2013 annual the accompaniment created the Borough Acquirement Sharing Annual to advice accommodate added acquirement to municipalities, which await alone on the acreage tax. The MRSA annual was adjourned through allotment of the accompaniment sales tax and allotment of the accompaniment allocation of the absolute acreage conveyance tax.
However, allotment was alone as allotment of the 2014 annual and the acquirement has aback dwindled. The acquirement for budgetary year 2017 was initially estimated at $168 million, but the town’s
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