Lower Property Taxes For Boston Residents?

For the second year in a row, Boston residents could be paying less than the previous year for property tax if a plan is approved by the state's Department of Revenue, Mayor Tom Menino said Thursday.

If the plan is certified, the fiscal year 2009 assessments will result in a residential property tax reduction of $187 in the average single family home's tax bill, down from $2,949 last year to $2,762 this year for taxpayers receiving the residential exemption.

The average residential tax bill in Boston will be 33 percent below last year’s statewide average of $4,110. The residential tax rate is expected to be $10.63 per $1,000 of valuation, down from $10.97 last year.