Springfield finance

Tax bills likely to go up next year because of higher residential property values

The plan to sell $755 million in pension obligation bonds is not without risk, said the city comptroller.

Springfield has the most underfunded employee pension plan in Massachusetts

Average single-family homeowner facing $216 increase

Even with relief, tax bill for average single-family home would increase more than $200

City councilors plan listening sessions in the fall.

New property tax rates are about to be set in the largest city in western Massachusetts. In the midst of a pandemic that has brought economic hardships…

The new fiscal year for Massachusetts municipalities started today, and Springfield has a new budget – minus some money for its police department. The…

With a national debate raging over policing, some elected officials in the largest city in western Massachusetts say now is not the time to spend money…

With the start of the new fiscal year just days away on July 1st, the Springfield City Council will meet Monday to consider passing a budget.Like every…