Word: cents
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Dates: during 1970-1979
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...very few of the proposals reviewed by the committee are approved, Pattullo said. He added, however, that "Probably 90 per cent of them are amended by us in some way." insert
...June 2, 1976, 35-year-old John Howe lowered the yearly assessment on a piece of property on Charnwood Road in Somerville, a block from his home, by nearly 25 per cent--from $8400 to $6400. This was one of the largest proportionate reductions in residential property taxes awarded that year in Somerville...
...City Clerk William J. Donovan, a political antagonist of Marie Howe and who admits having "no great love" for the Howes, had his property assessment raised by Howe from $10,600 to $14,000 in 1976. Howe says the property was previously under-valued, and that the 40-per-cent assessment increase was long overdue. But the property itself had no buildings that could have increased in value. "The land was vacant," Donovan remembers. "He couldn't justify the assessment." Donovan, too, received an abatement from the rest of the city's assessors...
...June 2, 1976, John Howe raised the Journal's tax assessment from $13,000 to $24,4000--an increase of nearly 100 per cent. The Journal had remodeled its building in the past year, but the changes were minor compared with the nearly two-fold property tax increase. "He singled us out, there's no question about it," says one Journal staffer. "He didn't do the same to other businesses." The newspaper appealed Howe's decision, and received a full tax abatement...
...surplus in the Faculty's budget for 1977-78 was about $300,000, or less than one per cent of the Faculty's $45 million main operating budget. Rosovsky said he expects a comparable surplus this year...