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Fall River City officials approve 2025 reassessment tax, exemptions and abatements in unanimous votes
Summary
Officials at a Fall River City meeting approved the fiscal 2025 real estate reassessment tax, a set of statutory exemptions and multiple abatements, and denied several exemption and abatement applications. The meeting included an executive session and a report that motor vehicle commitments rose by roughly $500,000 compared with last year.
Fall River City officials voted unanimously on a package of tax and assessment items, approving the fiscal 2025 real estate reassessment tax, multiple statutory exemptions and abatements and denying several other exemption and abatement requests during a meeting that included an executive session.
The actions affect the city’s property-tax administration for fiscal 2025 and adjust individual exemption and abatement applications. Officials also reviewed monthly reports and discussed a larger-than-expected motor-vehicle commitment for the coming tax cycle.
At the outset the body approved the minutes for the open and executive sessions of Dec. 11, 2024, by a 3-0 roll call. Members then…
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