OFFICE OF FISCAL ANALYSIS
Legislative Office Building, Room 5200
Hartford, CT 06106 ↓ (860) 240-0200
http: //www.cga.ct.gov/ofa
sSB-201
AN ACT CONCERNING TECHNICAL REVISIONS TO THE PLANNING AND DEVELOPMENT STATUTES.
AMENDMENT
LCO No.: 5561
File Copy No.: 292
House Calendar No.: 401
Senate Calendar No.: 217
OFA Fiscal Note
Municipalities |
Effect |
FY 11 $ |
FY 12 $ |
Various Municipalities |
See Below |
See Below |
See Below |
Explanation
The amendment allows the towns of Middletown, Guildford, and Madison to delay the next scheduled revaluation date to the 2013 assessment year. This will have the effect of delaying changes to the town's grand list that occur as a result of revaluation, therefore, precluding a shift of tax burden between residential and non-residential class property.
The preceding Fiscal Impact statement is prepared for the benefit of the members of the General Assembly, solely for the purposes of information, summarization and explanation and does not represent the intent of the General Assembly or either chamber thereof for any purpose. In general, fiscal impacts are based upon a variety of informational sources, including the analyst's professional knowledge. Whenever applicable, agency data is consulted as part of the analysis, however final products do not necessarily reflect an assessment from any specific department.