Ads
related to: city of boston property tax bill
Search results
Results From The WOW.Com Content Network
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.
In March 1965, an investigative study of property tax assessment practices published by the National Tax Association of 13,769 properties sold within the City of Boston from January 1, 1960, to March 31, 1964, found that the assessed values in the neighborhood of Roxbury in 1962 were at 68 percent of market values while the assessed values in ...
For many municipalities in the United States, property taxes are the primary source of revenue. The amount of forgone tax revenue as a result of these tax-exempt land parcels is significant. The president of the city council of Baltimore, MD, recently estimated that his city loses $120 million annually from these foregone taxes. [16]
Between 1982 and 1983, a group of eight police officers, firefighters and regular civilians set between 163 and 260 fires in the city of Boston, Massachusetts and nine surrounding towns and cities to protest Proposition 2½, hoping to revert the budget cuts that led to hundreds of police officers and firefighters being laid off. Proposition 2½ ...
Lynch was a onetime tax delinquent. [10] In the mid-1980s the city of Boston placed liens on four properties he owned due to several thousand dollars of unpaid property taxes. He owed Massachusetts $2,000 in overdue taxes from 1985 to 1988, and for several years owed the IRS $4,000. [11]
In March 1965, an investigative study of property tax assessment practices published by the National Tax Association of 13,769 properties sold within the City of Boston under Mayor John F. Collins from January 1, 1960 to March 31, 1964 found that the assessed values in Roxbury in 1962 were at 68 percent of market values while the assessed ...
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
In March 1965, an investigative study of property tax assessment practices published by the National Tax Association of 13,769 properties sold within the City of Boston from January 1, 1960, to March 31, 1964, found that the assessed values in the neighborhood of Roxbury in 1962 were at 68 percent of market values while the assessed values in ...