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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.
The city of Marshfield reached a settlement last month with Marshfield Clinic Health System regarding a dispute over property taxes.
Marshfield is a town in Plymouth County, Massachusetts, United States, on Massachusetts's South Shore.The population was 25,825 at the 2020 census. [2]It includes the census-designated places (CDPs) of Marshfield, Marshfield Hills, Ocean Bluff-Brant Rock, and Cedar Crest, and shares the Green Harbor CDP with the town of Duxbury.
In order to qualify for the Chapter 61 program, a parcel of real property must be at least 10 acres (40,000 m 2) contiguous and under the same ownership. Prior to approval, the landowner must establish a forest management plan for the affected property and have it approved by a state certified forester.
The average real estate tax rate in the state stood at 2.681% in 2023, according to state data. ... In 2023, the average property tax rate in Ocean county was $1.92 per every $100 of property ...
Composition of state and local tax revenues by sales taxes (brown), property taxes (white), licenses and other fees (grey), individual and corporate income taxes (green) in 2007. Determining the value of property is a critical aspect of property taxation, as such value determines the amount of tax due.
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More than 1,500 people were on the payroll in Marshfield, which has about 25,000 year-round residents and 40,000 during the summer. Quincy's payroll: Who made $386,000 in 2023. And every city salary
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