Mass. property taxes grow by largest amount in five years

Property tax revenues across Massachusetts rose by 4.1 percent in the last fiscal year, the largest annual increase since fiscal 2010, but cities and towns continue to struggle to pay for employees and services due to unfunded fixed costs, according to a new report.
The Massachusetts Taxpayers Foundation (MTF) concluded in its annual municipal financial data report that Bay State cities and towns are "stuck in an era of modest rebound." Overall, total municipal revenues grew by 3.8 percent.