In advance of Haverhill’s annual ritual—setting tax rates for different property classes—the Greater Haverhill Chamber of Commerce is asking businesses how taxes have impacted them.
The Chamber is having a “Tax Classification Open Forum,” Wednesday, Nov. 9, from 2-4 p.m., at UMass Lowell Innovation Hub, 2 Merrimack St., third floor, Haverhill. Light refreshments will be served.
Haverhill city councilors are scheduled to decide how much greater a rate commercial and industrial businesses should pay over residential properties following a hearing Tuesday, Nov. 15, in Haverhill City Hall, 4 Summer St., Haverhill. For the last two years, commercial and industrial property owners paying 165% more than homeowners.
Last year, residential property values outpaced commercial, while industrial values dropped, meaning the average single-family homeowner faced paying more in property taxes despite the shift.
To register for the Chamber’s forum, visit haverhillchamber.com.