Proposition 2 1/2 and Tax Rate Process
This page provides helpful information on the mechanics of Levy Limits and Proposition 2 1/2. Proposition 2 1/2 revolutionized property tax administration and is a fundamental feature of the Massachusetts municipal fiscal landscape, yet there is still some confusion about its meaning for cities and towns. The purpose of this information is to explain, as simply as possible, the basic provisions of Proposition 2 1/2. The information contained here is not intended as a substitute for legal guidance on a community's options and obligations under the law. We hope you find it helpful.