Boston Municipal Research Bureau


Boston’s Taxable Value Surpasses $100 Billion

Boston’s fiscal 2015 taxable value has surpassed $100 billion for the first time in Boston’s history. Business property, especially commercial property, cross-subsidizes low residential tax rates. New growth at $44.5 million represents 50% of the total tax levy increase, demonstrating the importance of development to continued revenue growth for Boston. Full Report>