If history repeats itself, Mayor Bill Finch will submit an election-year budget to the City Council with no tax increase, bolstered by an improved grand list, as CT Post scribe Brian Lockhart reports, with the specter of property revaluation a backdrop of the mayoral campaign. Finch will present his spending plan to the City Council early next week.
But there will still be plenty of debate in this mayoral election year about a looming property revaluation and what it means for local wallets and candidates for City Hall come 2016.
While Mayor Bill Finch successfully pushed off a 2013 revaluation for two years, the administration had, ideally, been seeking a five-year delay.
And for those seeking to block Finch from a third term, the revaluation is still a bogeyman to be used to question whether the incumbent has done enough during his eight years in office to grow the tax base and reduce the fiscal pain felt by current taxpayers.
Full story here.