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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.
Hopkinton is the corporate headquarters of Dell EMC, a global manufacturer of software and systems for information management and storage. Dell EMC, in addition to providing $1 million in annual real estate tax revenues, is a major contributor to the town's schools and recreational services. [27]
The largest property tax exemption is the exemption for registered non-profit organizations; all 50 states fully exempt these organizations from state and local property taxes with a 2009 study estimating the exemption's forgone tax revenues range from $17–32 billion per year.
Property owners in all 50 states pay real estate tax, according to the Tax Policy Center. Some pay it directly to their local tax assessor. Others have it included with their mortgage payments, in ...
Since the law limits most property taxes to a fixed sum, an increased home value impacts a small portion of one's tax bill, about 1%, according to officials. This is the first 10-mills of a ...
Immobiliare (Real Estate) Tax: The primary property tax in Italy is the Imposta Municipale Unica (IMU), commonly known as the municipal property tax. The tax is charged on the ownership of buildings, buildable areas and agriculturallands situated within the Italian territory. IMU is an annual tax levied on the cadastral income of the property ...
Superintendent of Schools Carol Cavanaugh said Hopkinton has 4,206 students in its district, up from about 3,450 five years ago. Hopkinton plans to build another new elementary school. What to ...
Hopkinton is a census-designated place (CDP) comprising the central village in the town of Hopkinton, Middlesex County, Massachusetts, United States. The population of the CDP was 2,651 at the 2020 census , [ 2 ] out of 18,758 in the entire town.