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More than 50 percent of property in the city of Boston — state buildings, church grounds, college campuses, etc. — is tax exempt. These charts, stats, and graphs illustrate Boston’s property tax addiction: rising costs, a declining real estate market, and state restrictions on how much cash the city can collect.

[FIGURE 1]

Who owns what

Residential

65%

Residences account for most of Boston’s land value.

$56.6 billion

business

35%

Total Property value

$30.2 billion

$86.8 billion

2009

$2.26 billion 2011

on ca ch Bost

2007

$2.16 billion

u

How m

$2.17 billion

ct n colle

2011

$1.54 billion

on collects How much Bost

2009

$1.38 billion

2007

$1.27 billion [FIGURE 6]

How much boston can levy Boston could face trouble if it needs to collect more property taxes than it is entitled to by state law.

2012

2010

$2.3 billion

2009

[FIGURE 2]

$2.39 billion

Who Pays what

$2.4 billion

Businesses pay the bulk of the property taxes.

2007

$2.19 billion

Residential

[FIGURE 5]

39%

How much boston spends

$601 million

$1.86 billion

$1.54 billion

61%

$938 million

Boston’s total budget is on the rise, but the amount of money the city can raise through property taxes is limited.

2003

Total Property taxes business

2011

$1.6 billion

[FIGURE 4]

How much property is worth

2008

The residential property market has leveled off and is in decline — casting a shadow over the city’s primary revenue source.

$1.5 billion

$59.29 billion $44.31 billion

17,277

$1.2 billion 2011

$56.53 billion

2004

2009

2004

2007

2001

$29.23 billion

cost of city workers

20011

16,277

RESIDENTIAL

2004

16,055

Number of city workers

[FIGURE 3] 2011

$30.2 billion

BUSINESS 2001

$21.27 billion

2007 2004

$27.22 billion

$21.83 billion

DATA from boston municipal rese arch bure au and the cit y of boston; GR APHIC BY TAYLOR ARGENZIO

How much city employees cost The price of city workers is skyrocketing, even though the city has slashed jobs to cut costs.


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