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Mayoral and City Council Elections Update: Alliance Position on Hartford Property Tax and Grand List Growth

Throughout Hartford's 2015 municipal election season, the Alliance will continue to share its positions on issues of concern to businesses and residents in our Capital City. Below is the first in a weekly series of position statements: 

The administration must focus on the City’s property tax system in order to encourage private sector development and bolster Grand List growth. The City has the highest mill rate in the State, putting it at a distinct competitive disadvantage in attracting the capital and the confidence necessary to grow the Grand List. We, therefore, firmly believe that we must work together to move steadily toward a property tax structure that mirrors the rest of the State and thereby achieves a fair and competitive mill rate for all property owners and residents. There have been numerous recommendations made by City established Task Forces that have focused on these issues, including the 2014 Tax Task Force.