HARTFORD, Conn. (AP) – Democratic Gov. Dannel P. Malloy does not plan to sign an executive order requiring pre-payments of local property taxes, a move that would let residents deduct the payment from federal taxes.
Ben Barnes, Malloy’s budget director, told municipal leaders Wednesday it’s impractical to mandate that municipalities accept pre-payments because communities have not yet set tax rates for the new fiscal year, which begins July 1. Also, he says property tax collection is a local, not a state, matter.Related Content: Financial tips for the New Year
Some Connecticut communities, such as New Canaan, are accepting early payments of real estate and motor vehicle taxes due Jan. 1.