City Council, December 8, 2025
Votes on Tax Classification Order FY2026 Hearing
What happened
The Boston City Council Ways and Means Committee held a hearing on the annual tax classification order (Docket 2045) for FY2026, which will be voted on Wednesday 12/10/2025.
- Jurisdiction
- Boston, MA
- Governing body
- Final authority
- Date
- December 8, 2025
- Decisions
- 1 zoning decision
- Outcome
- Voted
Free sample: decision 1 of 1
Tax Classification Order FY2026 Hearing
Committee hearing on Docket 2045 regarding adoption of 35% residential exemption and 175% commercial tax shift for FY2026. Projected residential rate of $12.40 and commercial rate of $26.96.
Meeting Summary
The Boston City Council Ways and Means Committee held a hearing on the annual tax classification order (Docket 2045) for FY2026, which will be voted on Wednesday 12/10/2025.
Key Decisions (1)
Tax Classification Order FY2026 Hearing
Market Signals (5)
Commercial Demand
Commercial property values continue declining due to high vacancy in…
Housing Demand
Residential property values remain on upward trajectory though slope has…
Sentiment
City departments instructed to propose 2% budget reductions for FY2027…
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