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The Massachusetts Archives building Documents in the Commonwealth Museum. The Massachusetts Archives is the state archive of Massachusetts.It "serves the Commonwealth and its citizens by preserving and making accessible the records documenting government action and by assisting government agencies in managing their permanent records."
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.
Within four years of repealing the law, Cambridge, where "the city's form of rent control was unusually strict," saw new housing and construction increase by 50%, and the tax revenue from construction permits tripled. [41] Property values in Cambridge increased by about $7.8 billion in the decade following the repeal. [42]
Depending on how it is calculated, state and local tax burden in Massachusetts has been estimated among U.S. states and Washington D.C. as 21st-highest (11.44% or $6,163 per year for a household with nationwide median income) [294] or 25th-highest overall with below-average corporate taxes (39th-highest), above-average personal income taxes ...
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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 ...