Tax Assessor Lisa reports $20M collection in June and mini tax sale plans

July 08, 2025 | Norwalk City, Fairfield, Connecticut

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Tax Assessor Lisa reports $20M collection in June and mini tax sale plans

This article was created by AI using a video recording of the meeting. It summarizes the key points discussed, but for full details and context, please refer to the video of the full meeting. Link to Full Meeting

In a recent meeting of Norwalk's Board of Estimate and Taxation, key discussions centered around the city's financial management and upcoming fiscal strategies. The meeting, held on July 7, 2025, highlighted the city's contingency funding and tax collection efforts, which are crucial for maintaining budgetary stability.

The meeting began with an update on the contingency tracker, revealing that the city started the fiscal year with a surplus of $2.6 million, primarily due to labor contracts. As of now, approximately $2 million remains, which is earmarked for retroactive pay for recently settled union contracts. This funding is expected to be finalized by the next board meeting on August 4, ensuring that the city remains on track with its financial commitments.

A significant point of discussion was the upcoming contingency request from the registrar of voters, anticipated in October. This request is linked to early voting initiatives, which have not been funded during the budget process. The registrar's office will seek additional funds after the primaries, expected to occur in September, to cover the costs incurred during the elections.

Lisa, the tax assessor, provided an overview of the city's tax collection status. She reported that the city successfully mailed tax bills in mid-June, resulting in nearly $20 million collected before the official due date of July 1. As of the meeting, the city had collected about $32 million on its current levy, indicating a strong start to the fiscal year. Notably, the collection rates for motor vehicle levies and real estate taxes are showing positive trends, with 34% and 7% collected, respectively.

Additionally, Lisa announced a mini tax sale scheduled for September 18, 2025, aimed at enforcing the collection of delinquent zoning violation fees. This initiative marks a significant step for the city, as it is the first municipality in Connecticut to utilize tax sales for this purpose, potentially generating between $200,000 and $250,000 in revenue.

Overall, the meeting underscored the city's proactive approach to financial management, with a focus on ensuring adequate funding for essential services and improving tax collection processes. As the fiscal year progresses, the Board of Estimate and Taxation will continue to monitor these developments closely, addressing any emerging financial needs and ensuring the city's budget remains balanced.

Converted from Board of Estimate & Taxation 07-07-2025 meeting on July 08, 2025
Link to Full Meeting

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