Three Connecticut hospitals now set to be acquired by the Yale New Haven Health system contribute millions in municipal taxes to their host cities and towns, an arrangement likely to change if the facilities shift to nonprofit status under Yale New Haven’s ownership.
Motor vehicle values across Connecticut have skyrocketed as heavy demand and short supply related to the coronavirus pandemic continues. Communities that completed a real estate revaluation last year also are seeing land and building values, particularly residential properties, increase significantly.
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The red hot home sales market will affect this year’s revaluation, shifting value from commercial properties to the residential side, according to the the town’s chief assessor.