All posts tagged: Relents

Gov. Lamont Relents to Pressure From CT Farmers to Stave off Tax Hike

Gov. Lamont Relents to Pressure From CT Farmers to Stave off Tax Hike

Gov. Ned Lamont ordered his administration to hold off on issuing new valuations for agricultural land Monday, bowing to pressure from farmers who argued that the changes would lead to huge tax hikes and force some families to sell their land. Lamont said that the canceled assessments — which in some cases would have caused the taxable value of farmland to double — were the result of an “unforeseen lack of data” the state had attempted to collect in an effort to determine the going rate for Connecticut’s dwindling amount of available farmland. The decision will keep in place, for now, recommended land values that were last adjusted in 2020. In addition to halting the proposed reassessments, the governor also convened a working group of farmers, municipal leaders, assessors and officials with the state’s Department of Agriculture to propose reforms to the process by which the state collects data and assesses the value of farmland, in an effort to avoid large price spikes in the future. “Family farms are vital to Connecticut’s economy and are …