|
A Fair Tax Relief Plan.
Property
tax relief for the middle class:
-
Automobile/Real Estate Property Tax Credit
- Increase
the maximum Property Tax Credit credit from $350 to $500
- Give
taxpayers a refund of up to $500 if they pay property taxes on their
home or car if they owe little or no state income taxes.
- Increase
the maximum income eligible for the full $500 credit:
- Married
filing jointly from $100,500 to $150,500
- Married
filing separately from $50,250 to $$75,250
- Single
from $55,000 to $75,000
- Head
of Household from $78,500 to $117,500
Here is
an estimate of how this would benefit people in our communities...
| |
New Property Tax Relief |
Total Property Tax Relief |
Percent of Individual Property Taxes Cut |
|
NEW
BRITAIN
|
$6,713,543 |
$13,049,279 |
19.9%
|
|
NEWINGTON
|
$2,282,145 |
$5,721,532 |
9.0%
|
Income
tax relief for working families:
- Deduction
for long term care insurance
premiums
- Deduction
for contributions made to CHET college savings accounts
- Earned
Income Tax Credit equal to 10% of the federal Credit
Manufacturing
Machinery Property Tax:
- Phase-out
the tax over a five-year period - important to grow manufacturing jobs.
A Fair Budget Plan.
Appropriations
Committee’s FY 2007 Budget Revisions
Increased
funding over the Governor’s Budget Proposal:
|
Property
Tax Relief:
Aid to Cities and Towns
|
$70.8
million increase from original FY 07 budget $62.6 million over the
Governor’s Proposal
|
|
Town
Aid Road (TAR)
|
$7
million
|
|
Special
Education – Excess Costs
|
$26.7
million
|
|
Special
Education – Equity Grant
|
$4
million
|
|
Priority
School Districts
|
$10
million
|
|
Payment
in Lieu of Taxes (PILOT) – State Properties
|
$3
million
|
|
PILOT
– Colleges and Hospitals
|
$8
million
|
|
Seniors
|
|
|
Increase
Funding for Home Care Services
|
$3.35
million
|
|
Increase
Funding for Elderly Nutrition
|
$1.1
million
|
|
Medicare
Part D
|
$8
million
|
|
Education
|
|
|
After
School Programs
|
$5
million
|
|
Early
Childhood Program
|
$3.5
million
|
|
Autism
Services
|
$1
million
|
|
Charter
Schools, increase the cap and fund two new schools
|
$2.4
million
|
|
Increase
School Nutrition Funding
|
$4.7
million
|
|
Additional
Funding to the State Technical High Schools
|
$220,000
|
|
Magnet
Schools Transportation
|
$500,000
|
|
Program
for Future Scholars in Math and Science
|
$125,000
|
|
School
to Work Program
|
$187,000
|
|
Expand
the School Breakfast Program
|
$100,000
|
|
CPTV
Children’s Programming
|
$150,000
|
|
Fund
a Farm to School Program
|
$100,000
|
|
National
Theater for the Deaf
|
$200,000
|
|
Higher
Education; UConn, UConn Health Center CSU, RTCs
|
$5
million
|
|
Increase
Funding for the Capitol Scholarship
|
$2.44
million
|
|
Fund
the You Belong and Engineering CT loan Programs
|
$500,000
|
|
Jobs
and Economic Development
|
|
|
Urban
Youth Employment Grant
|
$4
million
|
|
Jobs
First Employment Services
|
$2
million
|
|
Create
an Office of Job Retention and Expansion
|
$125,000
|
|
Fund
Internhere.com
|
$125,000
|
|
Fund
the five Opportunity Industrial Centers
|
$500,000
|
|
Fund
Individual Development Accounts
|
$250,000
|
|
Provide
funding for a Micro-loan Program
|
$50,000
|
|
SAMA
Bus
|
$100,000
|
|
Health
Care
|
|
|
Rate
Increases for Nursing Homes
|
$30
million
|
|
Increased
Funding for Hospitals
|
$11.5
million
|
|
Increase
funding for Husky Dental Care
|
$9.6
million
|
|
Restore
cuts to HUSKY Healthcare
|
$6.1
million
|
|
Fund
Services for Adults with Sickle Cell Anemia
|
$250,000
|
|
School
Based Health Clinics
|
$930,000
|
|
Expand
the Katie Beckett Waiver for 20 additional slots
|
$1
million
|
|
Increase
SAGA Medical Services
|
$6
million
|
|
Increase
Funding for Burial Payments
|
$1
million
|
|
Fund
the E-Health Initiative
|
$300,000
|
|
Restore
co-pays for Dually Eligibles to Physicians
|
$5
million
|
|
Enhance
Funding for Breast & Cervical Cancer Detection Program
|
$1
million
|
|
Fund
the Connecticut Cancer Partnership
|
$6.5
million
|
|
Enhance
Aids Services
|
$500,000
|
|
Fund
Comprehensive Lead Screening
|
$1.495
million
|
|
Support
for the Red Cross
|
$1.9
million
|
|
Continue
the Partial Hospitalization Programs
|
$510,000
|
|
Continue
the Governor’s Partnership
|
$150,000
|
|
Establish
a Child and Adolescent Emergency Stabilization Service in the Hartford
Area
|
$1.58
million
|
|
Establish
a Mental Health Mobile Crisis Team
|
$500,000
|
|
Increase
Rates for the Birth-to-Three Program
|
$989,000
|
|
Increase
funding the Regional Action Councils
|
$200,000
|
|
Children
and Families
|
|
|
Implement
Prevention Programming
|
$2.5
million
|
|
Expand
the Nurturing Families Network
|
$1
million
|
|
Public
Safety
|
|
|
Prison
Overcrowding
|
$19
million
|
|
Increase
funding for Weigh Stations
|
$1
million
|
|
Services
to Youthful Offenders
|
$1
million
|
|
Fund
a Trafficking Victim’s Security Account
|
$100,000
|
|
Supervision
of Sexual Offenders on Probation
|
$806,738
|
|
Expand
Drug Courts
|
$450,000
|
|
Enhance
Victim Services
|
$400,000
|
Appropriations Committee’s FY 2006 Surplus Expenditures
|
Teachers’
Retirement Fund
|
$245.6
million
|
|
Offset
High Energy Costs for Schools, Hospitals and Private Providers
|
$45
million
|
|
Nursing
Home Payments
|
$120
million
|
|
Medicaid
Capitation
|
$60
million
|
|
Private
Provider COLAs
|
$11.1
million
|
|
Research
Based Technology Transfer
|
$10
million
|
|
Teach
for America in Urban Centers
|
$1.5
million
|
|
Create
an Early Childhood Database
|
$1.2
million
|
|
Master
Teachers
|
$1
million
|
|
Youth
Service Bureaus
|
$750,000
|
|
Pilot
Program of School Assessment of Failing Schools
|
$240,000
|
|
Connecticut
Geography Alliance
|
$500,000
|
|
School
Bus Retrofit
|
$2.5
million
|
|
Higher
Education Matching Grant
|
$6.7
million
|
|
Fund
the Community Mental Health Strategy Board
|
$5
million
|
|
Rainy
Day Fund
|
$39
million
|
|
Total
Spending
|
$16.163
Billion
|
|
Amount
over the Governor’s Proposal
|
$111,635,275
|
|
Amount
Under the Spending Cap
|
$4.8
million
|
|
Cost to state to cover lost funding due to
federal budget cuts
|
$15.9 million
|
|
Pre-fund
the Economic Recovery notes
|
$85
million
|
|
