Cambridge Retirement Board
Pursuant to Chapter 2 of the Acts of 2023 adopted by Massachusetts General
Court and approved by the Governor, the Cambridge Retirement System is
authorized to use remote participation at meetings of the Board.
FY24 Tax Rate Letter
The Budget process for Fiscal Year 2024 (FY24) began in the fall of 2022. This was the first Budget that I have prepared for the City of Cambridge since becoming City Manager. It was an amazing honor to lead that process, and much success is owed to the dedicated city leaders, teams, and staff members, who work incredibly hard everyday to maintain and build a stronger, more equitable and thriving City.
FY25 Tax Rate Letter
This letter summarizes information contained in the City Manager’s recommendations for the required votes by the City Council to establish the FY25 residential and commercial tax rates by the Board of Assessors and the Massachusetts Department of Revenue. Responsible and responsive fiscal policies and practices are key to addressing the challenge of balancing expansion and investment in new programs and initiatives, while also minimizing the impact of increases on taxpayers.