FRAMINGHAM – The 11-member elected City Council will hold a property tax classification hearing on Thursday, November 5.
The hearing will be held at 7;15 p.m. virtually.
Framingham has a split tax classification in which home owners play a lower rate than business and commercial and industrial property owners.
The tax rate is based on mayor Yvonne Spicer’s budget approved by the City Council in June 2020.
“Pursuant to MGL Chapter 40 Sec. 56, the City of Framingham City Council will hold a public hearing on the adoption of a Residential Factor, thereby determining the percentages of the tax burden borne by each class of real and personal property for Fiscal Year 2021. At said hearing, Board of Assessors shall provide all information and data relevant to making such determination and the fiscal effect of the available alternatives,” said the announcement from the City Council Chair.
Comments from Framingham taxpayers may be submitted in writing before the meeting for review by the City Council. All interested taxpayers are encouraged to attend the meeting. There will be a Q&A period following the presentation.