Agenda &
Documentation
Special Town Meeting
Wednesday, February 16, 2005 at 8:00 p.m.
Killingworth Elementary School
1. To consider and act upon the over expenditures
and under expenditures from the Town's financial audit of Fiscal Year 2003-2004
2. To consider and act upon a proposed Five-Year
Capital Plan.
3. To consider and act upon a promised Town
Ordinance to increase the existing Veteran's Tax Exemption to $10,000.
Dated at Killingworth, Connecticut February 8, 2005
Proposed Five-Year Capital Plan
As applicable to LOCIP Eligible Projects Only
| FY 2004-2005 | Alder's Bridge Road improvements |
25,000 |
| Lover's Lane improvements |
25,000 |
|
| Reservoir Road Bridge improvements |
60,000 |
|
| FY 2005-2006 | Install generator at KES | 30,000 |
| Stabilize Parmalee Farmhouse |
75,000 |
|
| Lover's Lane Phase II |
35,000 |
|
| Reservoir Road Bridge improvements |
80,000 |
|
| FY 2006-2007 | Addition to Highway Garage | 45,000 |
| Guard Rail Repair | 50,000 |
|
| FY 2007-2008 | Repairs and installation of irrigation system at Sheldon Park | 150,000 |
| FY 2008-2009 | To Be Determined |
Note: The above does not include purchase of new equipment for any municipal department or the KVFC. Those purchases, not eligible for LOCIP funding, will occur as part of the standard municipal and budgeting process. Any expenditure carrying over into more than one fiscal year will be funded the first year from the Town's capital improvement budget.
Veteran's property tax exemption.
As authorized by Conn.Gen.Stats. 12-81f et seq:
(b) Any veteran's surviving spouse who pays taxes in the town and who is entitled to an exemption from property tax in accordance with C.G.S. § 12-81(22) shall be entitled to an additional exemption applicable to the assessed value of property up to the amount of ten thousand dollars ($10,000.00), provided such surviving spouse's qualifying income does not exceed the maximum amount applicable to an unmarried person as provided under C.G.S. § 12-81.
(c)The following procedures shall apply to any veteran or surviving spouse submitting a claim for such additional exemption:
(1) The veteran or surviving spouse shall be required to file an application on a form prepared for such purpose by the assessor of the town;
(2) The application for additional exemption shall be filed not later than the assessment date with respect to which the veteran or surviving spouse claims the additional exemption. Once a veteran or surviving spouse has applied for and received approval for the additional exemption the first time, the veteran or surviving spouse shall be required to file for such exemption biennially thereafter, subject to the provisions of C.G.S. § 12-81f(d) for reporting qualifying income in excess of the maximum allowed under C.G.S. § 12-81.
(3) Each application for an additional exemption shall include a copy of:
a. the veteran's or surviving spouse's federal income tax return for the tax year of the veteran or surviving spouse ending immediately prior to the assessment date for which the additional exemption is claim
b. such other financial data pertaining to income and/or assets as the assessor may reasonably require, without regard to whether such federal income tax return was filed or is available.
(d) The exemption provided hereunder shall be effective for assessments upon the Grand List of October 1, 2005 and thereafter.