December 4, 2009 – (RealEstateRama) — Today, Mayor Thomas M. Menino announced that the number of new property tax liens expected to be filed for Fiscal Year 2009 is 18 percent less than FY 2008. The value of these new liens represents only half a percentage point of the total FY 2009 tax levy of $1.4 billion.
As required by the state, the City has published its annual list of real estate tax delinquents prior to the scheduled taking date of December 15, 2009. The list shows the names of 2,453 delinquent tax payers for 2009 compared with 3,006 delinquents for 2008.
The public notice has been published online at www.cityofboston.gov/purchasing/pdfs/1.pdf and in hard copy form in the City of Boston periodical City Record. If 2009 balances remain unpaid by the taking date, a lien will be placed on those properties where taxes are still owed.
“We take great pride in our collection rate which is one of the best in the country at 98.8%,” said Mayor Menino. “We maintain our commitment to actively work with delinquent tax payers to resolve their outstanding debts to the city before placing liens on their properties. It is in our best interest that this does not happen as our successful efforts to resolve debts will reflect Boston’s strong and diverse economy.”
The City’s property tax collection rate reached 98.8% as of June 30, 2009. Historically, the City’s collection rate is greater than 99 percent by the end of the calendar year.
