FY24 Understanding Your Taxes Newsletter
The establishment of the Fiscal Year 2024 (FY24) property tax rate by the Board of Assessors, subject to the approval of the Massachusetts Department of Revenue, is the final step in the fiscal process that begins with the submission of the annual budget to the City Council. The City’s Operating and Capital Budgets, property classifications, and property valuations are major factors in determining property tax bills.
Sherman Street Highway-Rail Grade Crossing Upgrades
On approximately June 29th, 2018, the MBTA Commuter Rail (which is operated by Keolis Commuter Services) started sounding the train horns at the Sherman Street crossing in North Cambridge. We recognize that the noise from the horns is disturbing residents at all hours of the day, and are therefore moving as quickly as possible to install a solution that will allow the MBTA/Keolis to stop sounding the train horns. At the same time, we recognize the safety hazards created by grade crossings that do not meet the current standards for a Quiet Zone, and therefore want to ensure that we install the proper safety measures to resolve this situation.