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.
$117,643 In Cambridge Arts Grants Fund 35 Local Cultural Projects
Thirty-five projects will receive grants totaling $117,643 from Cambridge Arts and the City of Cambridge’s Local Cultural Council Grants. This grassroots grants program, operated by the Massachusetts Cultural Council across the Commonwealth, supports Cambridge projects including dance, films, music, public art, and theater. They represent the wealth of artistic activity across the city.