Please do not leave this page until complete. This can take a few moments.
With Worcester set to lose more than 460 manufacturing jobs in a three-year span, the Worcester Regional Chamber of Commerce is once again calling for the City Council to reduce the burden on commercial taxpayers.
In the chamber’s monthly newspaper, the Chamber Exchange, President and CEO Timothy Murray cited the 2017 departure of utility vehicle cab manufacturer Curtis Industries, which took 125 jobs from Worcester to West Boylston.
Earlier this year, metals manufacturer Primetals said it will leave its longtime Worcester home for a brand new facility in Sutton.
“As a regional chamber of commerce, we are grateful those jobs are remaining in Central Massachusetts,” Murray wrote. “However, we are concerned about the disincentive for many businesses to reinvest in their Worcester properties because of a tax policy trend that has moved towards taxing Worcester businesses to the max by a majority of the Worcester City Council.”
The City Council this year voted to increase the commercial tax rate by 3.3 percent to $34.03 per $1,000 of valuation, substantially more than the $18.45 in West Boylston and $16.55 in Sutton. Unlike those other communities, Worcester has a split tax rate for its commercial and residential taxpayers; residential property owners in Worcester pay $18.91, which was a 1.6-percent decrease from the year before.
Neighborhood businesses will also feel the impact of the nearly 500 employees leaving the city, Murray said.
“Local Worcester businesses such as coffee and pizza shops, dry cleaners, convenience stores, restaurants, mechanics, etc. will lose business because of these relocation decisions,” he wrote.
Stay connected! Every business day, WBJ Daily Report will be delivered to your inbox by noon. It provides a daily update of the area’s most important business news.
Sign upWorcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
SubscribeWorcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
See Digital EditionStay connected! Every business day, WBJ Daily Report will be delivered to your inbox by noon. It provides a daily update of the area’s most important business news.
Worcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
This website uses cookies to ensure you get the best experience on our website. Our privacy policy
To ensure the best experience on our website, articles cannot be read without allowing cookies. Please allow cookies to continue reading. Our privacy policy
0 Comments