Wednesday, August 27, 2008

Ever Wonder Where Your Local Property Taxes Go?

A Redding, CT non-partisan action group has created an on-line calculator to demonstrate how the town spends local property taxes. In the state of Connecticut nearly all local government is funded by one of the highest property taxes (taxes on real estate and registered vehicles, i.e boats, cars, motorcycles, etc.) in the nation.
Although the distribution of expenses in your town will not be exactly the same as Redding's, the calculator still gives you a general idea of what the budget requirements are for a typical town.

The calculator can be found at the following link:

http://betterredding.org/html/taxspending.html

One thing that is noticed immediately is that 71.4% of the town budget is spent on the public school. This is again typical of a Connecticut town. Connecticut spends more per pupil on public education than any state. Despite this spending, Connecticut remains in the mid-30's in standardized test scores, including SAT scores.

Thanks NABR for bring transparency to taxpayers with regards to local government spending.

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