Overview
- Boston now projects the average single-family homeowner will see a 13% property tax increase, or about $780, unless state legislation allowing a temporary tax shift advances.
- The Massachusetts Department of Revenue has certified fiscal 2026 valuations showing residential values up 2% and commercial values down 6%, deepening the burden shift onto homeowners.
- Key senators, including Nick Collins and Will Brownsberger, oppose the proposal and the bill has not been admitted for a Senate hearing, despite past House support.
- With bills due to be printed by Jan. 1, the City Council is expected this week to set the maximum residential exemption and split, with projected rates of $12.40 per $1,000 for residential and $26.96 for commercial.
- Wu has intensified public pressure with outreach and union backing, while some business groups that supported a compromise last fall have withdrawn support after new valuation data.