Roberta Schaefer’s statement for the Department of Revenue Tax Classification Hearing, May 4, 2004

The Worcester Regional Research Bureau is on record opposing the recently approved bill ALLOWING AN INCREASE IN THE DISPARITY BETWEEN RESIDENTIAL AND COMMERCIAL PROPERTY TAX RATES. This new provision MOVES THE COMMONWEALTH IN PRECISELY THE WRONG DIRECTION. For about a decade, the Research Bureau has requested each year that the Worcester City Council reduce the disparity on a gradual basis so that eventually Worcester has a single tax rate.