New Haven mayor backs new look at Yale tax liability
NEW HAVEN — The mayor of New Haven is backing a push to revisit an 1834 Connecticut statute affecting taxes for Yale University, saying new guidelines are needed to assess liability for the institution that has grown to occupy 1,000 acres in the city.
A proposal in the state legislature would clarify the statute that says certain colleges including Yale must face taxation on real estate generating more than $6,000 in annual income.
New Haven Mayor Toni Harp testified in support of the legislation this week.
The Ivy League university has strongly objected to the proposal.
Richard Jacob, a Yale associate vice president for federal and state relations, said the new taxes under consideration for Yale are “unprecedented, ambiguous and sweeping.”