Lower property values could lead to higher taxes

CORNWALL — In the coming months, the town will be looking at budgets for the fiscal year that begins July 1, 2012. The effect of the revaluation of taxable properties will weigh heavily into the equation.In the annual town report, published late last month and reviewed at the Oct. 28 annual town meeting, the assessor reports a “modest resurgence” of building permits and property sales. But a revaluation of taxable property is underway, and the new assessments will reflect the lower sale prices of properties over the last two years. The grand list of all taxable property in town is expected to drop, which means that property taxes are likely to increase. On the opposite page in the report is another element that will impact the grand list and town finances. In his report, Building Official Paul Prindle predicts the trend of a slow rate of new construction will continue. Those added property values are an important boost to tax revenues; properties with buildings on them are taxed at a higher rate than undeveloped land.He offers a look over the past decade from the perspective of the number of permits issued for new dwellings, additions and other property improvements, along with the number of new dwellings and total construction value.Fiscal year 2001-02 was the highest of the decade, with nearly $17 million and eight new homes. But it was not the highest year in terms of permits. Consider its 296 permits compared to 2006-07 and 2007-08 with 346 and 345, and total value of $14.4 million and $13.3 million.The lowest year for construction value was 2004-05 with $5.4 million. A surge in the cost of construction materials in mid-fiscal year was attributed to Hurricane Katrina.The downward trend in new home building has continued for the past five years, which may reflect the uncertainty of the national economy. Major fluctuations are attributed to a variety of factors that impact each other. For instance, when homes are not selling, homeowners often chose to expand or make other improvements. That shows in the most recent years, with more permits but lower value.A detailed analysis of the last 25 years is available at the building official’s office in Town Hall.

Latest News

The artistic life of Joelle Sander

"Flowers" by the late artist and writer Joelle Sander.

Cornwall Library

The Cornwall Library unveiled its latest art exhibition, “Live It Up!,” showcasing the work of the late West Cornwall resident Joelle Sander on Saturday, April 13. The twenty works on canvas on display were curated in partnership with the library with the help of her son, Jason Sander, from the collection of paintings she left behind to him. Clearly enamored with nature in all its seasons, Sander, who split time between her home in New York City and her country house in Litchfield County, took inspiration from the distinctive white bark trunks of the area’s many birch trees, the swirling snow of Connecticut’s wintery woods, and even the scenic view of the Audubon in Sharon. The sole painting to depict fauna is a melancholy near-abstract outline of a cow, rootless in a miasma haze of plum and Persian blue paint. Her most prominently displayed painting, “Flowers,” effectively builds up layers of paint so that her flurry of petals takes on a three-dimensional texture in their rough application, reminiscent of another Cornwall artist, Don Bracken.

Keep ReadingShow less
A Seder to savor in Sheffield

Rabbi Zach Fredman

Zivar Amrami

On April 23, Race Brook Lodge in Sheffield will host “Feast of Mystics,” a Passover Seder that promises to provide ecstasy for the senses.

“’The Feast of Mystics’ was a title we used for events back when I was running The New Shul,” said Rabbi Zach Fredman of his time at the independent creative community in the West Village in New York City.

Keep ReadingShow less
Art scholarship now honors HVRHS teacher Warren Prindle

Warren Prindle

Patrick L. Sullivan

Legendary American artist Jasper Johns, perhaps best known for his encaustic depictions of the U.S. flag, formed the Foundation for Contemporary Arts in 1963, operating the volunteer-run foundation in his New York City artist studio with the help of his co-founder, the late American composer and music theorist John Cage. Although Johns stepped down from his chair position in 2015, today the Foundation for Community Arts continues its pledge to sponsor emerging artists, with one of its exemplary honors being an $80 thousand dollar scholarship given to a graduating senior from Housatonic Valley Regional High School who is continuing his or her visual arts education on a college level. The award, first established in 2004, is distributed in annual amounts of $20,000 for four years of university education.

In 2024, the Contemporary Visual Arts Scholarship was renamed the Warren Prindle Arts Scholarship. A longtime art educator and mentor to young artists at HVRHS, Prindle announced that he will be retiring from teaching at the end of the 2023-24 school year. Recently in 2022, Prindle helped establish the school’s new Kearcher-Monsell Gallery in the library and recruited a team of student interns to help curate and exhibit shows of both student and community-based professional artists. One of Kearcher-Monsell’s early exhibitions featured the work of Theda Galvin, who was later announced as the 2023 winner of the foundation’s $80,000 scholarship. Prindle has also championed the continuation of the annual Blue and Gold juried student art show, which invites the public to both view and purchase student work in multiple mediums, including painting, photography, and sculpture.

Keep ReadingShow less