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Tag Archives: property taxes

The Not Quite Glorious Property Tax Burden in Springfield…

SPRINGFIELD—The annual tug-of-war between residential and commercial property owners and their tax rates ended slightly in favor of residents this year. Each year, the City Council must set the rates, which distribute the property tax burden. The total amount to be collected was already determined

Take My Council, Please: The 2015 Rate of Return…

SPRINGFIELD—As it capped off 2014, the City Council formally and narrowly approved the tax rates for residential and commercial property following the annual deliberation over which group of tax payers were more in greater need of relief. On a 7-6 vote, the Council approved rates that

Rating the City’s Values…

SPRINGFIELD—On Thursday night, the annual ritual of setting the city‘s property tax rates made its last road stop in East Forest Park.  Members of the City Council’s tax-setting subcommittee and Board of Assessors Chair Richard Allen presented the city’s tax rates for the next year