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Worcester is among the communities that sets different rates for residential property and commercial-industrial property. Worcester homeowners in line for 9.6% tax increase; values up Skip to main ...
Proposition 2½ (Mass. Gen. L. c. 59, § 21C) is a Massachusetts statute that limits property tax assessments and, secondarily, automobile excise tax levies by Massachusetts municipalities. The name of the initiative refers to the 2.5% ceiling on total property taxes annually as well as the 2.5% limit on property tax increases.
Petty proposed a comprise that decreased the commercial tax rate by $5.57 and raised the residential tax rate ¢92 per $1000 of assessed value. This tax reform, which passed on a 6–5 vote, was the subject of controversy, for it came in the wake of a revelation that annual property revaluations would lead to significantly higher commercial tax ...
Worcester (/ ˈ w ʊ s t ər / ⓘ WUUST-ər, locally ⓘ) [4] is the second-most populous city in the U.S. state of Massachusetts and the 114th most populous city in the United States. [a] [5] Named after Worcester, England, the city had 206,518 people at the 2020 census, [6] also making it the second-most populous city in New England, after Boston, Massachusetts.
Dual tax rate gets annual assessment. For premium support please call: 800-290-4726 more ways to reach us
Residents of Sterling pay property taxes on real estate and certain other personal items, such as unregistered vehicles. [20] The value of taxable property is determined by the town Board of Assessors. [21] In 2023, the tax rate was $14.30 for one thousand dollars of valuation. Although the tax rate consistently decreased from 2016 to 2023 ...
Middlesex County is a county located in the Commonwealth of Massachusetts, United States.As of the 2020 census, the population was 1,632,002, [1] making it the most populous county in both Massachusetts and New England and the 22nd most populous county in the United States.
The area was developed beginning in the late 1830s by former Governor of Massachusetts Levi Lincoln Jr., a Worcester native who had inherited land in the area. The district was divided and developed by Lincoln until his death, and then by his heirs, and became a popular location for homes of Worcester's wealthy and elite, many of which were ...