The market may still be down, but your taxes are going up

That’s the frustrating dilemma many homeowners across the Bay State now find themselves in.

Cash-strapped towns and cities are scrambling are boosting residential tax rates as they scramble to find any extra revenue they can.

Boston is expected to announced, as soon as this week, a roughly 10 percent increase to its residential tax rate.

Homeowners in suburban towns are also feeling the pain, officials raising the residential tax rate in Lexington, Braintree and Walpole as well, among others.

The increases, in some cases, are sometimes offset by falling real estate values. But even in a tough market, the decline in a home’s assessed value may not be enough, with the tax rate rising even more.