Boston, we have a property tax problem

This article cites cSPA research that projected declining office values could cumulatively drag Boston’s tax revenue as much as $1.5 billion below prior estimates over the next five years.

Boston tax bill may open up election year debate

A report illustrating a downward trend in Boston commercial property values that could mean a city revenue shortfall of $1.2 billion to $1.5 billion over the next five years is referenced in this article.