Bridgeport seeks revaluation reprieve

Bridgeport seeks revaluation reprieve

Posted in the Trumbull Forum

bptnews

Matawan, NJ

#1 Jan 19, 2014
BRIDGEPORT -- Mayor Bill Finch must do some arm-twisting to keep the Legislature -- and specifically the state House speaker -- from leaving him twisting in the wind over property revaluation.

Finch and city business leaders are urging state lawmakers to delay Bridgeport's ongoing revaluation for two years. They expect an overall decline in property values, which would lead to a higher mill rate and, for some, higher property taxes.

Finch, a Democrat, is also seeking re-election in 2015.

House Speaker Brendan Sharkey, D-Hamden, needs some major convincing before he's on board.

"Except for extreme exigencies, the speaker is not in favor of delaying revals," Gabe Rosenberg, Sharkey's spokesman, said Friday -- one day after the Bridgeport Chamber of Commerce backed Finch's efforts to seek the delay.

Rosenberg, however, left some wiggle room for his boss.

"He's interested in seeing the argument Bridgeport puts forth, but it tends not to be something he's in favor of," Rosenberg said.

Sharkey has a tradition of being a hard sell when it comes to revaluation delays. In 2009, for example, discussing then-New Haven Mayor John DeStefano's bid for a revaluation freeze, Sharkey told the New Haven Independent, "It's a sticky wicket ... because it has a tendency, if abused, to put off the inevitable.

"Generally speaking, delaying the reval can be politically expedient because it delays the bad news that eventually the homeowners in particular have to absorb," Sharkey said.

The Finch administration hopes that in two years real estate values will be up in Bridgeport and the tax base broadened with more commercial developments to help shoulder the tax burden borne by residents.

http://www.ctpost.com/local/article/Bridgepor...
BPT

Bridgeport, CT

#2 Jan 19, 2014
only a matter out time before he they put their hand in my pocket...........

“'never'”

Since: Mar 11

Location hidden

#3 Jan 20, 2014
BPT wrote:
only a matter out time before he they put their hand in my pocket..........
….On the municipal, state and federal level. We're seeing the basic model change for the usa. No more emphasis on personal liberty, small government and equal opportunity. That's gone. The functional people are now outvoted.
BPT

Bridgeport, CT

#4 Jan 20, 2014
Citizen44 wrote:
<quoted text>
….On the municipal, state and federal level. We're seeing the basic model change for the usa. No more emphasis on personal liberty, small government and equal opportunity. That's gone. The functional people are now outvoted.
for some..........the wealthy are making more than ever..........the "have not's are doing better, for now..........the rest of us are goanna get squeezed, that's for sure, but then we will be "have not's and we can get a piece of the government pie..........

“'never'”

Since: Mar 11

Location hidden

#5 Jan 21, 2014
BPT wrote:
<quoted text>for some..........the wealthy are making more than ever..........the "have not's are doing better, for now..........the rest of us are goanna get squeezed, that's for sure, but then we will be "have not's and we can get a piece of the government pie..........
Only the very upper end of the wealthy are making more than ever. And income disparity is not what is squeezing the middle class. Taxes are causing it; utilities are causing it (govt regulated) healthcare costs (govt regulated) and poor employment prospects (govt managed economy)

The home owners in Black Rock need to sue. These people are over a barrel thanks to finch-$30,000 tax bills on properties they can't sell. The choice then is financial ruin. Since the late 1980's taxes in that section of town have gone up wildly, until no one will buy in, and therefore there is no escape from the situation by selling. There's got to be some legal protection from that somewhere.
Bertrand

Trumbull, CT

#7 Jan 21, 2014
The citizens(taxpayers) of the City are not prepared for the Dem's version of "equality"..The new Revaluation will probably come in somewhere between 8% to 18% INCREASES in Property TAX..This will accelerate the Death Spiral already in process..Nobody left but Dem bribe takers,illegals and welfare Queens(escorted by their Drug Dealin baby Daddys') Bridgeport meet Detroit...Connecticut...No Taxpayer Bailout for these Democratic Cesspools of Corruption and Greed

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