OFFICE OF FISCAL ANALYSIS Legislative Office Building, Room 5200 Hartford, CT 06106 (860) 240-0200 http://www.cga.ct.gov/ofa sHB-6102 AN ACT CONCERNING A SPECIAL TAXING DISTRICT WITHIN THE CITY OF WEST HAVEN. Primary Analyst: AN 3/15/21 Contributing Analyst(s): DD OFA Fiscal Note State Impact: None Municipal Impact: Municipalities Effect FY 22 $ FY 23 $ West Haven Cost Minimal None Explanation The bill allows for the establishment of a special taxing district in West Haven. There is a minimal, one-time cost to the City of West Haven associated with holding any public meetings or referenda, and with publishing associated public notices necessary to establish the district. The bill allows the district to issue revenue bonds to support its duties. This has no impact to the city or the state, as the language specifies that such revenue bonds are not the responsibility of the City of West Haven or the State of Connecticut. Depending on the extent of services provided by the district, there could be a savings to West Haven as the costs of providing public services shifts from the City to the District. The Out Years The annualized ongoing fiscal impact identified above would continue into the future subject to inflation.