Issue link: https://nebusinessmedia.uberflip.com/i/971403
18 Hartford Business Journal • April 23, 2018 • www.HartfordBusiness.com Government Total revenue (2015) $54,794,648 Per capita tax $2,345 Total expenditures $55,488,141 Total indebtedness $22,501,876 as % of expenditures 40.6% Annual debt service $2,277,439 Moody's Bond Rating Aa3 Actual Mill Rate 28.7 Net Grand List $1,292,000,469 Housing stock Existing units 6,669 % single unit 64% New permits (2015) 112 as % of existing units 1.7% Demolitions 3 Residential sales 146 Median price $256,000 Top 5 grand list Company Amount Autumn Chase LLC $71.8M Deer Valley LLC $66.7M Connecticut Water Company $32M CT Light & Power $31.4M CT Water Co. $289,364 Town Profile Ellington Town Hall address: 55 Main St., Ellington, CT 06029 (860) 870-3100 News Around Town ■ ■ In February, Ellington was among 23 towns statewide to share in a $6 million open-space grant, which it's using to acquire 35 acres on Sandy Beach Road. ■ ■ In January, Ellington resident Richard R. Barnhart became president of Kaman Aerospace Group. ■ ■ Ellington, which expects to see its population grow more than 40 percent from 2000 to 2020, is one of the denser towns in Tolland County at 464 people per square mile. The county average is 370. General Land area (sq. miles) 34 sq. mi. Households 6,383 Median household income $85,545 Poverty Rate 3% Crime Rate (per 100,000 residents) 484 Population 2000 12,921 Projected 2020 17,966 Median age 40 Largest age demographic 45-64 (31%) Educational attainment (2012) Persons age 25 or older % of population High school graduate 25% Associate's Degree 9% Bachelor's or more 42% Labor Force (Residence) Employed 8,740 Unemployed 437 Unemployment Rate 4.8% Place of work # of units 326 Total Employment 3,466 Economics Business profile Sector Units Employ- ment Construction 47 271 Manufacturing 25 522 Retail Trade 34 600 Health care and social assistance 24 201 Other services (except public administration) 32 320 Total government 15 675 Major Employers • Town of Ellington • Natural County Farms/Country Pure Foods • Accu-Time Systems • Big Y • Merrill Industries Source: Connecticut Economic Resource Center SAT . MAY 12 . 2018 LIFETIME PATRONS: Aetna | Connecticut Public Television and Radio | The Hartford Financial Services Group | Lincoln Financial Foundation | The Rosalyn Group | Stanley Black & Decker | Travelers | United Technologies Corporation | Voya Financial FOR TICKETS AND INFO CALL 860.509.0909 OR VISIT CTFORUM.ORG LIVE AT THE BUSHNELL AN UNSCRIPTED, UNFORGETTABLE CONVERSATION Gabrielle Hamilton's photo by Melanie Dunea. David Chang Award-winning Chef & Founder of Momofuku Tom Colicchio Celebrity Chef & Author, Top Chef Judge Gabrielle Hamilton Chef & Owner of Prune restaurant, Bestselling Author Hosted by Moderated by Sam Sifton Food Editor New York Times