Wu moves to blunt tax burdens for city homeowners: 'New normal' for revenue drop?
Faced with a sharp downturn in office property values in Boston, Mayor Wu is trying to cushion the blow of rising tax bills expected for owners of residential property. Last week, she announced plans to file a home rule petition with the Boston City Council that would allow for the shift in the tax burden to be reduced and slowed down temporarily.
Source: dotnews.com