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Boston’s $4.64B FY25 Budget Approved
The Boston City Council this week gave the final nod to Mayor Wu’s $4.64B FY25 operating budget. Read more about the results in this Research Update.
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Analyzing Mayor Wu’s Property Tax Classification Proposal
A proposed Home Rule Petition to temporarily change property tax classification in Boston aims to tackle the consequences of a possible divergence of property values between residential and business properties.
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Proposed Real Estate Transfer Fee Policies Explained
There are currently two transfer fee proposals that could impact Boston before the Legislature. Learn more about these proposal in this Research Update
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Mayor Recommends 8.0% Budget Increase
 Increased spending driven by Schools, Planning Department, and Fixed Costs
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School Budget Process Needs Substantial Improvement
Questions Remain as the School Committee Moves Toward FY25 Budget Approval
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Research Bureau In the News

Boston, we have a property tax problem
By Larry Edelman | The Boston Globe | June 20, 2024

Boston City Council approves mayor’s plan to increase commercial tax rates
By Gayla Cawley | Boston Herald | June 5, 2024

Resolution of property tax dilemma puts mayor, council in fretful mode
By Chris Lovett | Dorchester Reporter | June 5, 2024

Boston City Council still not ready to move on Wu’s tax shift proposal
By Chris Lisinski | NBC 10Boston | May 31, 2024

City Council looks for options besides Wu property-tax plan
By Greg Ryan | Boston Business Journal | May 30, 2024

‘Irreparable harm:’ Future of Boston commercial tax hike proposal uncertain
By Tréa Lavery | MassLive | May 30, 2024

Concerns about displacement, small businesses loom over Boston property tax debate
By Katie Lannan | WGBH | May 30, 2024

Boston Mayor Wu’s commercial tax rate plan will backfire on residents, business leaders say
By Gayla Cawley | Boston Herald | May 22, 2024

Despite looming tax base worries, Moody’s affirms Boston’s strong credit rating
By Jon Chesto | The Boston Globe | May 17, 2024

The outlook isn’t good for Wu’s tax hike plan
Editorial | The Boston Globe | May 8, 2024

Watchdog says Boston should look to reserve funds, spending cuts before hiking commercial taxes
By Michael Jonas | Commonwealth Beacon | May 5, 2024

Watchdog warns Boston Mayor Wu’s plan to hike business taxes could hurt city’s economy
By Gayla Cawley | Boston Herald | May 2, 2024

Financial watchdog: Before hiking commercial taxes, Boston should look to cut spending
By Emma Platoff | The Boston Globe | May 2, 2024

Wu Tax Shift Plan May Backfire: Analyst Warns Commercial Value Concerns May Endure, Leave Imprint On Boston’s Property Tax Approach
By Sam Drysdale | SHNS | April 22, 2024

Boston City Councilors raise questions about Mayor Wu’s tax shift plan
By Chris Lisinski | April 17, 2024 | Boston 10 News

Boston Mayor Michelle Wu’s proposed commercial property tax shift sparks on Council
By Lance Reynolds | Boston Herald | April 16, 2024

Mayor Wu disappoints development industry by shelving tax break talks
By Jon Chesto | The Boston Globe | April 13, 2024

Boston Tax Bill May Open Up Election Year Debate
By Colin Young | SHNS | April 2, 2024

Research Spotlight

  Analyzing Mayor Wu’s Property Tax Classification Proposal



  Mayor Recommends 8.0% Budget Increase

A time for change

  School Budget Process Needs Substantial Improvement

      The Crucial Role of the Boston School Committee

      School Spending Projected to Drop $83.8M




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