Quincy Treasurer Molly Smith announces innovative payment platform to streamline tax transactions

The Quincy City Council meeting on May 12, 2025, highlighted significant financial strategies aimed at saving taxpayer dollars and improving municipal services. A key discussion centered around the city's debt management, with officials emphasizing the importance of refinancing existing loans to capitalize on lower interest rates. Councilor Davona noted that previous refinancing efforts had saved the city millions, and the council remains committed to exploring further opportunities to reduce debt costs.

Another major topic was the Pine Hill Cemetery project, which has reached a stage where it can begin generating revenue. Council members discussed the $5 million investment in the cemetery, which is expected to yield approximately $25 million in projected revenue. This initiative not only addresses community needs but also represents a strategic financial asset for the city.

The meeting also introduced advancements in the city’s payment processing system. Treasurer Molly Smith announced a partnership with PayIt, an online payment platform that will enhance convenience for residents. This new system will allow for features such as e-billing, autopay, and mobile payments, making it easier for residents to manage their tax obligations. Smith emphasized the importance of accessibility, particularly for unbanked residents, and assured that the new system would cater to diverse community needs.

In addition to these discussions, the council acknowledged the hard work of the treasurer's office, which has efficiently processed hundreds of thousands of transactions with a small team. The council expressed appreciation for the innovative approaches being implemented to streamline operations and improve service delivery.

As Quincy continues to navigate financial challenges and opportunities, the council's focus on strategic debt management and enhanced public services reflects a commitment to fostering a financially stable and accessible community for all residents. The next steps will involve monitoring the outcomes of these initiatives and ensuring that the benefits are realized by the public.