Homeowners in Cambridge, Massachusetts, could see residential property tax rates rise by 10% to 15% even as the city considers cutting services.
Here’s what to know
At a joint City Council and School Committee roundtable, administrators outlined plans to cap growth in both the tax levy and budget at 5.5% for fiscal year 2028, according to Cambridge Day.
The proposal anticipates a $57 million increase in the operating budget. Even with that increase, maintaining existing services would leave a $6.7 million deficit.
City Manager Yi-An Huang indicated that job cuts were not expected, and administrators have not identified which services could be reduced. To address the shortfall, Cambridge administrators are seeking $7 million in cuts to current spending…