1 Day
Source:
The Boston Globe
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More municipalities exceed R.I. tax cap
Seven Rhode Island municipalities exceeded the 4 percent property tax levy cap this year, with some large cities like Providence and Pawtucket experiencing significant increases. The overall state-wide tax levy rose by 3.7 percent, the highest in a decade, mainly due to the end of pandemic funding and new school projects. The report highlights rising property taxes, especially on commercial properties, and calls for reforms such as annual property revaluations to improve fairness and accuracy.
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