Boston
fromBoston.com
12 hours ago'That comes with a price tag': How snow removal is busting town budgets
Massachusetts municipalities face severe budget shortfalls due to record snowfall and climate change-related extreme weather events.
Without the half-percent sales tax increase, which would generate an estimated $9 million per year for the city's general fund if voters approve it this November, Berkeley could face deeper cuts including shuttering a fire station, laying off police officers and reducing hours at city pools and recreation centers.
Many people successfully purchase homes while still carrying student debt. What matters most isn't whether you have debt, it's how well you manage it.
The collector general has secured six debt judgments against James Geoghegan in the past six-and-a-half years for a total of almost €550,000.
"Yes, we're No. 1 in education. Yes, we're a safe state," said Chris Keohan, the spokesperson and consultant for the Taxpayers for an Affordable Massachusetts ballot committee. "But what does it tell you if we're losing people to states that are less safe, that have less level of education? It tells you that we're at a breaking point and something absolutely has to be done."
Through Community Facilities Districts (CFD), Municipal Utility Districts (MUD), Public Improvement Districts (PID), Community Development Districts (CDD) and reimbursement districts (RD), builders can potentially shift infrastructure costs off their balance sheets and onto special districts that homebuyers ultimately absorb through property taxes without potentially adding debt to the builder's books.
Property taxes around the U.S. have long been a lightning rod for debate, with political leaders perpetually balancing the need to fund their budget priorities against the risk of alienating homeowners and businesses. This week, for example, New York City Mayor Zohran Mamdani sparked an uproar by proposing to close a budget hole by sharply raising property taxes.
"If we don't get what we need [in terms of extra government help] then a Section 114 Notice will come in, which is effective bankruptcy. We'd then get administrators come in, in effect - they'd then make a plan for where the money gets spent in Worcestershire. It would be a catastrophe. We're going to have to halt projects that were put into the budget by the previous administration, things that maybe were 'nice to have', but we can't afford them."
For months, the school board has been debating whether to put the parcel tax, which will expire in 2027, back on the ballot this June to extend it. Palo Alto Unified has benefited from the parcel tax since 2001. The current tax is set at $904.92 per parcel, generating approximately $16.5 million per year and is typically used by the district for staffing, compensation and other student-focused programs. The district's total budget for the 2025-26 year was $354 million, according to documents.
California is known for a lot of things, but affordable housing isn't often among them. What catches many homeowners and prospective buyers off guard, however, is that property taxes in the state can quietly eat into thousands of dollars a year, even though California's effective tax rates look fairly modest on paper. The reality is that when you're taxing even a small percentage of a million-dollar home, bills add up fast, and in some counties, even faster than most people expect.