The Hidden Cost of Low Tax Increases: Enfield’s Shrinking Fund Balance

Image
Whoever wins Tuesday’s election may soon wish they hadn’t. The new Town Council will inherit a budget crisis shaped by two converging forces: a new property revaluation and a dangerously depleted fund balance — the town’s financial cushion for emergencies and unexpected costs. How Did We Get Here?  Over the past two years, the Republican-controlled council has drawn at least $13.6 million from the fund balance to keep tax increases low.  What Is the Fund Balance? The unassigned fund balance consists of unspent money from department budgets and revenues that exceed expectations. In municipal budgeting, it serves as a safety net — covering unexpected emergencies such as sewer failures, and lawsuits. It can also be used strategically to soften tax increases, especially in revaluation years. The key word is strategically. Using reserves occasionally makes sense. Draining them year after year — especially before a revaluation — does not. What Happened Over the Past Two Years At the...
Post a Comment

Fewer kids, fewer costumes: What declining school enrollment means for trick-or-treating



Enfield has experienced a significant and ongoing decline in public school enrollment over an 18 year period. When compared to four nearby towns of similar population size, Enfield and Middletown show the steepest declines.

Many factors may be contributing to this trend. These include smaller family sizes, lower fertility rates, job market, cost of living including housing costs, an aging population across the state, and an increase in families choosing alternative education options, such as homeschooling.

The data is available at EdSight. The enrollment data only covers the last 18 years.

Update: After reading some of the insightful Facebook comments, more data is needed to show how population changes are contributing to the school population decline. The comments about an increase in homeschooling were thought-provoking. I wish there was a way to quantify that shift; I suspect the school district may have some estimates.

Enfield has experienced an approximate 8.76% decline in population from 1970 to 2020.

1970: 46,189

1980: 42,695*

1990: 45,532

2000: 44,212

2010: 44,654

2020: 42,141


Enfield's Plan of Conservation and Development (2022–2032) reports a substantial decline in Enfield's young population, specifically those under 18 years old. Between 2010 and 2020, Enfield saw a 14% decrease in this age group, dropping from 8,787 to 7,559. This contraction in younger residents reflects a broader trend of population aging within the town.


*The sharp decline in population from 1970 to 1980 was likely driven by the exodus of Baby Boomers leaving town to start their own lives. During this time, family sizes were also shrinking, which compounded the impact on the local population
Location: Enfield, CT 06082, USA