Agenda Items ▸ City Manager's Agenda
CMA 2024-220
Votes necessary to seek approval from the Massachusetts Department of Revenue of the tax rate for FY2025
How it started
Oct 7, 2024 · Submitted by Yi-An Huang, City Manager.
What happened
Oct 7, 2024 · ✅ Adopted: the Council approved it (Order adopted, unanimous · one absent)
Voted yes (8), unanimous
Burhan Azeem
Marc McGovern
Patty Nolan
Sumbul Siddiqui
Jivan Sobrinho-Wheeler
Paul F. Toner
Ayesha M. Wilson
Cathie Zusy
Absent (1)
E. Denise Simmons
The document Agenda item attachment · 3 pages
Agenda Item Number 1B
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 a minimum residential factor of 64.2099 for the purpose of distributing the property tax levy.
Agenda Item Number 1C
That the City Council approves a thirty (30) percent residential exemption for owner- occupied homes.