Most property tax bills in Springfield Massachusetts are expected to be lower next year. WAMC”s Paul Tuthill reports.
The city’s total tax levy, the amount it can bill, is $2 million less than last year. A consequence of plunging values for most homes in Springfield, according to the city’s chief assessor Richard Allen
How much lower won’t be known until the Springfield City Council votes to set new tax rates. The council’s finance committee has scheduled a series of public hearings over the next two weeks with the goal of setting the new tax rates by December 1st.