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T.J. Plante oversaw municipal finances in Springfield for 16 years
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Tax bills likely to go up next year because of higher residential property values
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The plan to sell $755 million in pension obligation bonds is not without risk, said the city comptroller.
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Springfield has the most underfunded employee pension plan in Massachusetts
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Average single-family homeowner facing $216 increase
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Even with relief, tax bill for average single-family home would increase more than $200
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City councilors plan listening sessions in the fall.
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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…
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The new fiscal year for Massachusetts municipalities started today, and Springfield has a new budget – minus some money for its police department. The…
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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…