Finance Committee – Oct 20, 2026

Listed as “Finance/FY27 Tax Rate Committee”.

Where
City Hall, 36 Court St, Room 200 (HYBRID), Springfield, MA 01103

What was decided

Officials reviewed property assessments, tax levy limits, and tax exemptions for seniors, veterans, surviving spouses, and residents with disables. The Targeted Tax Relief Program received $1 million, and applications close November 13, 2026. No formal recommendation or vote was recorded.

The minutes do not record any votes or decisions.

Summary written by AI from the city's minutes (opens in new tab). Checked against the city's PDF. Check the original before relying on it. How summaries are checked

Report an error in this summary

The full text is in the city's PDF, linked below.

Minutes posted on the city website (PDF, 193 KB). Saved copy (opens in new tab), saved .

Agenda

A copy of the agenda wasn't saved here. It is on the city website (opens in new tab).

Terms used here

abatement
A reduction or cancellation of a property tax bill, granted by the assessors, for example after an error in the assessment.
free cash
Money left over from the last fiscal year, once the state certifies it, that the council or town meeting can vote to spend or save.
levy
The total property tax a city or town raises in a year. Proposition 2½ limits how much it can grow each year: the levy limit.

All the terms in the glossary

Source

This meeting on the City of Springfield's meeting portal (opens in new tab) (CivicClerk). First recorded by Springfield Publick on .