NORWALK, Conn. Your property taxes will go up if the budget recommended by the city of Norwalk this week is approved and you'd like to know why, so The Daily Norwalk is posting the relevant documents for you to read.
On Wednesday, The Daily Norwalk posted a story about the city's recommended budget for fiscal 2012-2013: At nearly $300 million, it represents a spending increase of more than $11 million and proposes a 3.8 percent property tax hike. A discussion ensued in the comments section, and two readers asked to see the documents that were distributed by Norwalk Director of Finance Thomas Hamilton Monday evening at the Board of Estimate and Taxation meeting.
Attached below you will find the letter Hamilton has written to citizens of the city explaining the rationale for the budget the Finance Department presented, after incorporating the goals of Mayor Richard Moccia into preliminary projections and working with each department.
Hamilton's letter states (on page 3) that "the combination of the tax assessor's 2011 grand list increase of .3 percent and proposed mill rate increase of 3.8 percent yields a total tax levy increase of $10,725,016 or 4.1 percent."
This is less than it would have been if each department of the city had gotten the full amount it requested. Hamilton says the total of the requests was more than $309 million, and would have resulted in an 8.7 percent increase, which Moccia said he could not support.
A more basic PowerPoint presentation is presented in another story which you can see here.
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