Avon Pegged to Receive Around $210k in PILOT Grants as Part of State Budget

Avon is estimated to receive slightly more in PILOT grants for the next two fiscal years compared to the current fiscal year

Gov. Dannel Malloy unveiled estimates for municipal state aid that would come in the form of payment in lieu of taxes and tribal grants for years to come.

PILOT grants are given to municipalities who would otherwise lose out on tax revenue for property that is owned by the state, colleges and hospitals.

However, the program hasn’t always been fully-funded. For example, New Haven would receive $10.3 million for fiscal year 2015, but only received just over $5 million, according to the Yale Daily News.

“There is also a proportionate reduction of PILOT totals to the amount of the appropriation in any year in which funding is insufficient,” is written in budget documents.

Avon received an estimated $95,895 in PILOT aid due to state-owned property and $15,463 from the Mashantucket Pequot and Mohegan Fund Grant for fiscal year 2015.

Those amounts would change to $105,804 and $16,425 in fiscal years 2016 and 2017.

Image via CT-N