Final 2014 Equalized Valuations
On January 29th, 2015 the Bureau of Local Assessment issued the final 2014 Equalized Valuations (EQVs), representing the full and fair cash value of all taxable property for each municipality as of January 1st, 2014.
These EQVs will be used as a basis of comparison among the 351 municipalities within the Commonwealth for certain state and local purposes beginning in fiscal year 2016. Specifically, EQV is used in the allocation of local aid such as Chapter 70 education aid, the reimbursement of school construction projects, and aid to libraries. Certain Cherry Sheet charges also use EQV: County Tax, Boston Metropolitan Transit District, Mosquito Control Projects and Air Pollution Control Districts. In addition, EQV is used in calculating a community's debt limit (MGL ch.44, sect.10).
EQVs are available on the DLS website here.
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