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Brace yourself: property tax bills rise, even as some home values fall

Posted March 28, 2011 11:44 AM

Although home prices have yet to recover from what has come to be known as the Great Recession, property tax bills in Boston’s northern suburbs are on the rise as cities and towns struggle to maintain services residents have come to expect.

Across the state, property values tumbled an average of 8.1 percent per year between the onset of the recession in 2007 and July 2009, according to the Massachusetts Department of Revenue. Since property taxes are based on value, homeowners might assume that lower assessments would result in lower bills.

Opening their tax bills will end that hope in a heartbeat.

Click here to read the rest of Brenda J. Buote's Globe North story on tax bills.

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