Mayor Domenic J. Sarno Recommends Fiscal Year 2012 Property Tax Rates to Springfield City Council

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December 14, 2011 – (RealEstateRama) — Mayor Domenic J. Sarno announced today a recommendation of Fiscal Year 2012 property tax rates for consideration by the Springfield City Council at a meeting Scheduled for Friday, December 16, 2011. The rates would be $19.99 for residential and $39.53 for commercial, industrial, and personal property (CIP) (per $1,000 valuation). This recommendation has been developed in consultation with Chief Administrative and Financial Officer Lee Erdmann and Chairman of the City’s Board of Assessors Richard Allen

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