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Watchdogs warn of coronavirus pandemic impact on property tax

MARCH 31, 2020 | by Mary Markos | BOSTON HERALD

By Mary Markos, includes “… ‘I am very concerned about businesses not paying their rent, and therefore a drop in commercial property taxes,’ Massachusetts Fiscal Alliance spokesman Paul Craney said. ‘Many cities and towns that rely heavily for commercial property taxes will feel the shortfall very soon.’ Craney estimates municipalities will notice the revenue drop as soon as April 1 and claims there will be another ‘wave of this depression’ by May 1 if mortgage payments are not paid …” 

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