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Summary of Question 4
Currently, 100% of the value of commercial and industrial real estate in West Springfield is subject to a Community Preservation Act surcharge of one present (1%) of its taxable value, while residential properties receive an exemption for the first $100,000 of their property value. This amendment, if adopted, would in a similar manner exempt the first $100,000 of commercial and industrial property value. The adoption of the amendment would exempt the first $100,000 of value of each such commercial and industrial property from the surcharge. For example, a commercial or industrial property valued at $250,000 would pay a surcharge based on $150,000 rather than $250,000 of its taxable value.

Question 4: Shall the Town of West Springfield amend its acceptance of the Community Preservation Act by adopting exemption (4) of Chapter 44B of the General Laws which would exempt the first $100,000 of the value of each taxable parcel of class 3, commercial property, and class 4, industrial property as defined in section 2A of Chapter 59 of the Massachusetts General Laws, as approved by its legislative body?

View as: # | %  
City/Town Ward Pct Blank Votes Total Votes Cast
W. Springfield More »
 
5,094
4,780
1,721
11,595
Totals 5,094 4,780 1,721 11,595