Boston Mayor Michelle Wu announced Monday that she has refiled her residential tax break legislation, with updated provisions to provide immediate relief to homeowners.
She said the refiled home rule petition will help Boston residents, whose tax bills have increased due to national economic trends that led to the single largest jump in the residential share of the property tax levy since 2007.
Fiscal year 2025 third-quarter property tax bills were sent out on Jan. 1, and Boston residents likely saw sharp increases. Wu’s team projected that residential property tax bills in Boston will increase by an average 10.4% in 2025 as the city’s budget has grown and Beacon Hill did not agree to the mayor’s idea to shift more of the tax burden onto commercial taxpayers, which are seeing a drop in taxes due…