WESTON, Conn. - Gov. Dannel Malloy's proposal to exempt most motorists from paying local property taxes on their vehicles generated an alarmist message from Weston's first selectman.
"The Governor’s proposal to exempt cars valued less than $28,500 would be incredibly detrimental to the Town of Weston’s revenue collection on motor vehicles," Gayle Weinstein said.
"We believe we have a total of $97,901,713 in grand list value which would result in a net loss of $1,977,614. To put that number in perspective, our proposed Town Operating budget this year is $11,689,696."
In Easton, town Tax Collector Christine Calvert said the loss of vehicle-tax revenue could be made up from higher property taxes. "If he exempts car taxes we still have to raise funds, so that would increase the mill rate on property," she said.
She said it is too early to consider that because the governor may determine ways to reimburse the towns. "We'll see if he has plans to come up with the difference," she said.
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