City & Town Newsletters

This article analyzes the tax rate setting process, specifically focusing on the timing of classification hearings and related submissions and approvals.

This article provides an introduction to the basics of assessing land as it relates to the State-Owned Land Payment-in-Lieu-of-Taxes Program.

Annual analysis of the average single-family tax bill.

The article discusses the Qualified Bond Act in Massachusetts, which allows cities, towns, and regional school districts to enhance their debt's credit rating and marketability through a state qualification process, ultimately lowering their overall debt costs. It outlines the procedures for incurring debt, the role of the Municipal Finance Oversight Board, and the financial implications of the program, highlighting its success since 1980.

Issue dedicated to newly elected or appointed local officials.

This article provides a comprehensive guide and resources for newly elected or appointed local officials in Massachusetts, offering tools, training, and guidance on municipal finance, roles, and responsibilities within communities across the Commonwealth. It emphasizes the importance of familiarizing oneself with DLS resources, training modules, and connecting with assigned field representatives to support effective governance and financial management at the local level.

This article serves as a welcoming guide for newly elected or appointed local officials in Massachusetts, providing essential resources, training, and information on municipal finance to assist them in their transition into public service. It highlights the support offered by the Division of Local Services (DLS) and encourages both new and experienced officials to utilize the available tools and resources for effective governance.

Impact of Verizon Settlement FY2023 - 2027 on centrally valued telephone values.

This article focuses on the municipal stabilization fund, statewide balance trends, how the fund is invested and accounted for, and how the fund's balance can be replenished when depleted.

This article discusses the Community Preservation Act (CPA) in Massachusetts, detailing how it establishes a Community Preservation Fund for local cities and towns to support open space, historic resources, and community housing, while also examining recent trends in real estate activity and their impact on funding levels for the state trust fund. It highlights the fluctuations in mortgage rates, housing inventory, and sales, which have influenced contributions to the CPA and the expected distributions for future fiscal years.