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TAX LEVY AND REVENUE APPROPRIATING ORDINANCE #2 AN ORDINANCE MAKING TAX LEVY AND REVENUE ASSUMPTIONS FOR THE FISCAL YEAR JULY 1, 2021 THROUGH JUNE 30, 2022
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WHEREAS: The Mayor of the City of New Haven has made estimates of the amount of money necessary to appropriate for the expenses of the City during the next fiscal year, beginning July 1, 2021 through June 30, 2022, and has classified such expenses under appropriate heads and Departments, as more fully appears in "Appropriating Ordinance #1", An Ordinance Making Appropriations for Operating Departments of the City of New Haven for the Fiscal Year July 1, 2021 through June 30, 2022, and
WHEREAS: said Appropriating Ordinance #1, after publication and due hearing and consideration thereof pursuant to the provisions of the Charter of the City, has been enacted by the New Haven Board of Alders; and
WHEREAS: by utilizing such authorization, the Net Taxable Grand List of October 1, 2020 of property in Wards 1-30, inclusive, is estimated at $6,712,653,144 and it is estimated that 97.74% will be collected on real estate, 97.75% on personal property and 90.01% on motor vehicles.
NOW, THEREFORE, BE IT ORDAINED BY THE NEW HAVEN BOARD OF ALDERS THAT:
The taxes for said next fiscal year shall be based upon the rate of taxation recommended to this Board by the Mayor, of which for real estate, personal property and motor vehicle shall be at a rate of 43.88 mills upon the ratable estimates within the limits of the City of New Haven to meet said expenses as enumerated in appropriating ordinance #1.
I. Said taxes shall become due on July 1, 2021 and shall be payable in two semi-annual installments from that date: namely, July 1, 2021 and January 1, 2022. However, any tax of less than one hundred dollars ($100.00) shall be due and payable in a single installment on July 1, 2021. Further, the tax on any motor vehicles registered with the Commissioner of Motor Vehicles subsequent to October 1, 2020 shall be d...
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