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A communication transmitted from Yi-An Huang, City Manager, relative to votes necessary to seek approval from the Massachusetts Department of Revenue of the tax rate for FY2023
City of Cambridge
Agenda Item Number 1A
IN CITY COUNCIL
October 3, 2022
ORDERED:
That the City Manager be and hereby is authorized to use $19,000,000 in Free Cash to
reduce the Fiscal Year 2023 tax rate.
In City Council October 3, 2022.
Adopted by a yea and nay vote:-
Yeas 8; Nays 1; Absent 0.
Attest:- Diane P. LeBlanc, City Clerk
A true copy;
ATTEST:-
Diane P. LeBlanc
City Clerk
City of Cambridge
Agenda Item Number 1B
IN CITY COUNCIL
October 3, 2022
ORDERED:
That the City Manager be and hereby is authorized to use $2,500,000 in Overlay Surplus
Reserve to be used as a revenue to reduce the Fiscal Year 2023 tax rate.
In City Council October 3, 2022.
Adopted by a yea and nay vote:-
Yeas 8; Nays 1; Absent 0.
Attest:- Diane P. LeBlanc, City Clerk
A true copy;
ATTEST:-
Diane P. LeBlanc
City Clerk
City of Cambridge
Agenda Item Number 1C
IN CITY COUNCIL
October 3, 2022
ORDERED: That the City Council classifies property within the City of Cambridge into five property
classes allowed for the purpose of allocating the property tax levy.
Additionally, that the City Council herby adopts the 150% Shift and a Minimum
Residential Factor of 65.0000.
In City Council October 3, 2022.
Adopted by a yea and nay vote:-
Yeas 9; Nays 0; Absent 0.
Attest:- Diane P. LeBlanc, City Clerk
A true copy;
ATTEST:-
Diane P. LeBlanc
City Clerk
City of Cambridge
Agenda Item Number 1D
IN CITY COUNCIL
October 3, 2022
ORDERED:
That the City Council approves a thirty (30) percent residential exemption for owner-
occupied homes.
In City Council October 3, 2022.
Adopted by a yea and nay vote:-
Yeas 9; Nays 0; Absent 0.
Attest:- Diane P. LeBlanc, City Clerk
A true copy;
ATTEST:-
Diane P. LeBlanc
City Clerk