How is the tax rate established?
In May or June of each year, the budget is voted on by the taxpayers at the Annual Town Meeting. If passed, the mill rate is set immediately following the meeting. The property tax rate is expressed in mills or thousandths of a dollar. This year's tax rate (mill rate) 26.34 (this will change in May or June) is equal; to $26.34 per $1,000 of net assessed value.
State Aid
The 2016-2017 budget for the Town of Brooklyn estimates $7,553,573.00 will be received from the State of Connecticut for various state financed programs. Without this assistance, your 2016/2017 tax bill would have been billed at 35.79 mills instead of 26.34 mills. (The foregoing statement is required by CT General Statutes 12-130)
QUALIFYING INCOME-PROGRAM YEAR 2016
Source: Patrick Sullivan, Fiscal Administrative Officer, IGP State of Connecticut, Office of Policy and Management
The following tables show the levels of qualifying income for the Elderly and Totally Disabled Tax Relief Program applications to be filed in the year 2017. These levels are to be used for the 2016 Grand List Homeowner and Renter applications and the 2017 Grand List Additional Veteran applications.
Please note: Homeowner applications that were taken for the 2015G/L (RENEWALS) are calculated for the 2016 G/L using last year's qualifying income schedule, NOT the schedule below.
| Homeowners Income and Grant Information-2016 Benefit Year Filing Period: February 1 - May 15 | |||||||
|---|---|---|---|---|---|---|---|
Income | Tax Credit % | Tax Credit Maximum | Tax Credit Minimum | ||||
| Over | To | Married | Unmarried | Married | Unmarried | Married | Unmarried |
| $ 0 | $17,600 | 50% | 40% | $1,250 | $1,000 | $400 | $350 |
| 17,600 | 23,600 | 40 | 30 | 1,000 | 750 | 350 | 250 |
| 23,600 | 29,500 | 30 | 20 | 750 | 500 | 250 | 150 |
| 29,500 | 35,200 | 20 | 10 | 500 | 250 | 150 | 150 |
| 35,200 | 42,900 | 10 | 0 | 250 | 0 | 150 | 0 |
| Renters Income and Grant Information - 2016 Benefit Year Filing Period: April 1st-October 1st | |||||
|---|---|---|---|---|---|
Income | Maximum Credit | Minimum Credit | |||
| Over | To | Married | Single | Married | Single |
| $0 | $17,600 | $900 | $700 | $400 | $300 |
| 17,600 | 23,600 | 700 | 500 | 300 | 200 |
23,600 | 29,500 | 500 | 250 | 200 | 100 |
| 29,500 | 35,200 | 250 | 150 | 100 | 50 |
| 35,200 | 42,900 | 150 | 0 | 50 | 0 |
The Additional Veterans' exemption for income qualifying applicants will be based on the following income maximums: The maximum for single applicants will be $35,200, the maximum for married applicants will be $42,900. Also, if applicable the local option exemption for the Totally Disabled, Blind and Veterans' programs can use these income maximums.
100% V.A. determined Disabled Veterans would continue to use $18,000 for single applicants and $21,000.00 for married applicants (adjusted gross income only; Social Security Income is not considered).The Additional Veterans' exemption for income qualifying applicants will be based on the following income maximums: The maximum for single applicants will be $33,500, the maximum for married applicants will be $41,600. Also, if applicable the local option exemption for the Totally Disabled, Blind and Veterans' programs can use these income maximums.
The FREEZE program income limit remains at $6,000 (adjusted gross income only). United States Postal System pensions are not counted toward the income limit for the FREEZE program.