In Massachusettts, property taxes for an average single-family home increased by 5.5 percent in 2001, according the numbers released by the Massachusetts Department of Revenue.
"That was the largest annual increase in at least a decade, and perhaps the biggest since Proposition 21/2 became law in 1981. The state did not start computing average local tax bills until 1990."Increasing property tax rates and overrides foil the intent of Proposition 2 1/2, passed in 1980 that limits property tax increases to 2 1/2 percent a year.
Thanks to Bruce Hughes
Read the full story: Average property tax bills going up
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