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North Adams' Commercial Tax Rate Likely to Break $40

Staff ReportsiBerkshires.com
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NORTH ADAMS, Mass. — Mayor Thomas Bernard is recommending the City Council reverse last year's shift in the commercial rate in an effort keep the residential rate from rising higher. 
 
The council will vote on the tax classification for fiscal 2019 on Tuesday. Should the council approve, the commercial, industrial and personal property shift will go from 1.71 back to 1.73, where it had been for several years.
 
The rate was shifted more toward the residential side last year to prevent CIP taxes from exceeding $40 per $1,000 valuation. If approved, the CIP rate would rise from $39.85 to $42.10 per $1,000 valuation.
 
Four communities, all in Western Massachusetts, were close to the $40 mark in fiscal 2018: Springfield ($39.28), Holyoke ($39.69), North Adams ($39.85) and Pittsfield ($39.98).
 
"While I am reluctant to reach this milestone, I believe the 1.73 shift represents the most equitable approach to apportioning tax obligations between residential and commercial taxpayers for this fiscal year," the mayor wrote in his communication to the council. 
 
The tax levy for this year is $17,651,077, an increase in levy of $744,487 order or 4.4 percent from fiscal 2018. There are 2,641 residential parcels and their property taxes account for 40 percent of the revenue to support the city budget. 
 
With a CIP shift of 1.73, the residential rate would rise 58 cents to $18.96 per $1,000 valuation, or just over 3 percent. This translates to about a $90 a year increase for an average single-family home assessed at $138,780, or a total bill of around $2,630.
 
Since 2015, the average home has risen about $2,500 in value and the bill by about $270. 
 
If the shift is kept at 1.71, the residential rate would be $19.11, increasing the average bill be $111, and the CIP rate would be $41.61.
 
"While we continue to manage our budget carefully this proposal represents use of the city's full levy capacity," Bernard wrote. "We remain $482,031 under the city's levy ceiling of $18,133,108. I request that Council adopt the accompanying order as presented."
 
The City Council will also hold a public hearing on the installation of underground gas tanks for the new Cumberland Farms planned for construction at the old City Yard.
 

Tags: fiscal 2019,   tax classification,   

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Branch Launches Second Campaign for Mayor

NORTH ADAMS, Mass. — Rachel Branch is running for a second time for mayor or North Adams. Her announcement is below: 
 
Once again, I am pleased to announce that I am candidate for mayor of the city of North Adams. 
 
It is an honor and a privilege to be able to do so in the United States. My public service background and my extensive experience in city, state, national and international places offers the residents of the city of North Adams solutions that are required of the chief executive of our city. We need "2020 Vision -- One to One Together."
 
When I stood up in 2017 as only the second woman in North Adams history since 1895 to run for mayor, I hoped to encourage and empower other women to run for office. I still hold that hope. We need "2020 Vision -- One to One Together," a vision that creates ongoing programs and answers to our changing economy, the changing demographics and the handling of what appears to be gentrification in our city, along with the declining population and our aging community. 
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