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Commentary: More money for cities? It has failed for 40 years

By , Republican American | July 22, 2019

In recent weeks seven Connecticut news organizations have gotten together in what they have called the Cities Project, examining ways of reviving the state’s struggling cities. Much of the reporting has been about raising revenue — extracting more financial aid from state government; applying property taxes to colleges, hospitals, and other nonprofits; allowing cities to…

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A focus on better managing parking

By , Hartford Business Journal | July 19, 2019

Managed parking, which aims to make the greatest use out of the fewest parking spots as possible, appears to be the wave of the future, according to Michael Freimuth, executive director of the Capital Region Development Authority. CRDA plans to use the managed-parking concept for a parking garage being developed near The Bushnell that will…

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Are parking lots undervalued?

By , Hartford Business Journal | July 19, 2019

A proposal a few years ago to begin taxing land in Hartford at a higher rate, while assessing a separate, lower tax on property (a land value tax) was dropped after it failed to gain momentum. But there is some sympathy for the idea that surface lots in the city are undervalued and under-taxed. Michael…

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Downtown Hartford has a glut of parking lots some say could hold the key to growing the city’s grand list

By , Hartford Business Journal | July 19, 2019

At the tail-end of 2017, Hartford became one of only a handful of U.S. cities to do away with minimum-parking requirements for developers who want to construct or renovate buildings within its borders. The move marked an aggressive step by city officials who want to transform Hartford from a commuter city that empties each day…

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Commentary: Local option sales taxes and/or income taxes: NOT a solution

By , CT Viewpoints | July 18, 2019

A recent article in the Hartford Business Journal, published as part of the “The Cities Project,” a collaboration among the HBJ, the CT Mirror, Connecticut Public Radio, Hearst Connecticut Media, the Hartford Courant, the Waterbury Republican-American, and Purple States, suggests that a solution to the revenue shortfall in cities might be the use of revenue…

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