Holyoke City Council sets property tax rates; commercial rate exceeds $40 mark
Holyoke City Council sets property tax rates; commercial rate exceeds $40 mark Updated Dec 19, 2020; HOLYOKE — Property taxes will go up in 2021, with homeowners paying $19.28 per $1,000 in assessed valuation and businesses paying $40.65 per $1,000. The new commercial rate likely will produce groans in Holyoke’s business community, which feared breaking the $40 mark. Holyoke has the highest commercial tax rate in Massachusetts. The City Council set the rates during an online session Friday night. The new resident rate is a 1.0% increase from 2020′s rate of $19.08. It reflects in part t...