The $415 million answer
Posted in Uncategorized on Jun 5th, 2008 2 Comments »
Ever wonder how much land in Beverly is tax-exempt? Ward 6 City Councilor Judith Cronin provided the answer at Monday night’s City Council meeting.
Cronin filed an order requesting the council form an ad-hoc committee to study the possiblity of the city’s nonprofit institutions voluntarily giving the city money or services, so-called payments (or services) in lieu of taxes.
Cronin, citing figures from the city’s chief assessor, said the current value of tax-exempt land and buildings in … continued »
