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.
City Manager Provides Annual Performance Review
The City Manager Performance Review process enables greater accountability, transparency, and feedback. This is the second year we have conducted a City Manager Performance Review. This review is the result of a structured process that began with approving the performance review process and City Manager Goals at the April 12 Government Operations Committee meeting. We held a mid-year check-in at the August 5 Government Operations Committee. This next step, submitting an annual review of goals and performance by November 15 will be followed by the City Council’s formal evaluation delivered at a Special City Council Meeting on December 11.
Reservoir Hill Study
Information regarding the study of the south slope of Reservoir Hill for designation as either a neighborhood conservation district (NCD) or an extension of the Old Cambridge Historic District.