The City of Cambridge is proposing a 1.26 per cent property tax increase in the first look at the budget for the upcoming year.
Cambridge Mayor Jan Liggett presented the 2025 Strong Mayor Budget Monday evening. The plan proposes a 1.26 per cent tax increase to fund over 140 city services and introduce an infrastructure renewal levy to maintain city assets.
The proposed net tax levy increase adds up to $22 for the average household with a property assessment value of $341,000 or $6.45 per $100,000 of residential assessment value.
“This budget supports the services, programs, and facilities we enjoy as a community while also planning for the future and the betterment of our city,” Liggett said in a media release. “We have kept the struggles of taxpayers top of mind throughout this process and I am pleased to present a budget that balances the needs of the community with …