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Published 29 days ago

Wu Proposes Legislation To Protect Residential Property Owners – Beacon Hill Times

Summary by beaconhilltimes.com
Special to the Times Mayor Michelle Wu announced that she will file a home rule petition that would protect residential property owners from a potentially dramatic increase in their property taxes due to declining commercial property values. The proposal would allow the City to lessen increases in residential property tax bills caused by declining commercial values by temporarily shifting more of the property tax levy onto owners of commercial a…

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