Summer session has ended which means the full City Council will resume two regular meetings per month starting Tuesday because of Labor Day on Monday, including on the agenda several proposed appointments to boards and commissions by Mayor Joe Ganim being referred to committee, as well as…
Contracts Committee Report re: Agreement with Municipal Valuation Services, LLC for Reappraisal and Revaluation Services for the City’s October 2025 Grand List.
As required by state law every five years, this is revaluation season of taxable property for the budget year commencing July 1, 2025. Municipal Valuation Services is at the forefront of representing Connecticut communities in this work to appraise property values, both commercial and residential real estate.
Municipal bean counters hope the residential tax rate reduces come next July, depending on the strength of the city’s grand list of taxable property based on new economic development projects.
See agenda here
Really; in a state where high-value development is steered in favored directions by our biased state oligarchy, and in the City of Bridgeport, where the “allowed” development always seems to be tax-deferred (Steal Point) and tax-negative (housing), along with city-owned, tax-payer financed vanity projects (Harbor Yard Arena and Amphitheater), we are NEVER, EVER going to see our property tax go down… It will tax 200 years of holding taxes steady for Bridgeport to be on a level property-tax field with our suburban neighbors. Our taxes are still way too high and will nowhere but up with this revaluation…
If Connecticut were a fair, progressive, rational state, we would have a level property-tax rate for all of our municipalities (as well as county government to help to assure competent pursuit of local development/tax-base growth and functional/financial equity among municipal school systems). But we are in the State of Connecticut, City of Bridgeport, so all that we can expect is continued decline of the cities — especially Bridgeport — except for City-State Stamford-Greenwich — our Oligarchic Center.
And speaking of development: Where is the battery factory that was supposed to be located here (in a partnership with UB) that Ganim and Lamont were crowing about during the ’23’-24′ multi-election season?!