West Haven tackles revaluation issues amid rising home values and limited funding

West Haven's City Council has taken significant steps to address the challenges posed by the recent property revaluation, which revealed a staggering 56% increase in average home sales over the past four years. During a special meeting on April 3, 2025, council members discussed the implications of this rise and the city's response to it, including a notable reduction in the mill rate by 11 mills.

The revaluation process, conducted by Vision Appraisal, utilized fair market values and comparable home sales to assess property values. While the increase in home values is beneficial for homeowners looking to sell or leverage equity, it poses challenges for residents who remain in their homes, as property taxes may rise despite the mill rate reduction.

Council members highlighted the complexities of West Haven's financial landscape, particularly the impact of non-taxable properties, including hospitals and universities, which contribute to a $13 million shortfall in expected revenue. This situation is exacerbated by the city's designation as a distressed municipality, which limits funding opportunities from the state.

In addition to addressing property taxes, the council discussed the need for increased state funding, particularly in the form of Payment in Lieu of Taxes (PILOT) to help offset the financial burden on residents. The council is actively pursuing conversations with state representatives to secure additional resources.

The meeting also touched on the city's fire districts, which add another layer of complexity to West Haven's tax structure. With three fire districts in place, the council is exploring ways to streamline operations and improve efficiency.

As West Haven navigates these financial challenges, the council remains committed to finding solutions that balance the needs of residents with the city's operational budget. The discussions from this meeting underscore the importance of continued dialogue and collaboration with state officials to secure the necessary funding and support for the community's future.