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          2025 Government Affairs Forum | State Treasurer Deborah B. Goldberg

          Don’t miss our upcoming Government Affairs Forum with Massachusetts State Treasurer Deborah B. Goldberg.

          12/09/2025

          9:45am - 11:00am

          Greater Boston Chamber of Commerce

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Boston Chamber
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        • Become a Member

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        • WHAT’S NEXT

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          Upcoming Events
          Engage & Learn

          Explore opportunities to connect and grow.

          arrow-go
          Read More
        • FEATURED EVENT

          ...
          Series
          2025 Government Affairs Forum | State Treasurer Deborah B. Goldberg

          Don’t miss our upcoming Government Affairs Forum with Massachusetts State Treasurer Deborah B. Goldberg.

          12/09/2025

          9:45am - 11:00am

          Greater Boston Chamber of Commerce

          arrow-go
          Read More
        • EXPLORE OUR PROGRAMMING:

          • Annual & Premier Events
          • Economic Inclusion
          • Small Business & Entrepreneurship
          • Digital Media & Marketing
          • Public Policy
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          • Women’s Network
          • Workforce Development
          • Young Professionals Network
          • VIEW ALL PROGRAMMING
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          • Member Deals
          • Sponsorship Opportunities
          • Small Business Benefits
          • Connect with your Member Services Rep
          • Member Spotlights
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          Maximize Your Membership
          Unlock Value

          Take advantage of exclusive perks and programs for members.

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        • ...
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          Discover fellow Chamber members.

          Browse our directory to find and connect with member community.

          arrow-go
          Read More
        • ...
          Upcoming Events
          Stay Involved

          Join experiences that build relationships and spark ideas.

          arrow-go
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  • Talent & Workforce
        • Talent & Workforce

          • Professional Development
          • Workforce Development
          • Open Programs
          • DEI Resource Hub
          • Insights
        • WORKFORCE DEVELOPMENT (FOUNDATION) PROFESSIONAL DEVELOPMENT
          City Awake

          City Awake empowers young professionals in a variety of ways that encourages these rising leaders to stay invested in the region’s future success.

          Read More
          Boston’s Future Leaders

          Our Boston’s Future Leaders (BFL) program provides emerging leaders with a socially conscious and civically engaged leadership toolkit, as well as the opportunity to apply their knowledge through experiential assignments.

          Read More
          Massachusetts Apprentice Network

          The Massachusetts Apprentice Network convenes employers, training providers, and talent sources interested in developing and implementing apprenticeship programs in occupations across industries and statewide in fields such as tech, advanced manufacturing, healthcare, financial services, and more.

          Read More
          Strategic Communication for Better Collaboration

          Level up your leadership and communication in this Boston Chamber workshop for professionals—gain essential skills in team alignment.

          Read More
          Partnership with Boston Public Schools 

          The Chamber Foundation invites the business community to engage with Boston Public Schools leaders and their students to help build the future workforce.

          Read More
  • Policy & Impact
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          • Leadership Councils
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        • ...
          Our Mission
          Expanding Opportunity

          Learn how we advance talent and small business growth.

          arrow-go
          Read More
        • ...
          Foundation Initiatives
          Programming That Empowers

          Explore our key priorities and strategic efforts.

          arrow-go
          Read More
        • ...
          Upcoming Events
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          Join us at our next Foundation event.

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Chamber Statement Regarding Residential & Commercial Property Tax Compromise

Greater Boston Chamber of Commerce Statement from James E. Rooney

Today, the Greater Boston Chamber of Commerce announced a compromise between business and policy leaders and the City of Boston regarding next year’s residential and commercial property tax burdens. While negotiations were difficult, and no party received everything it wanted, this compromise demonstrates that when stakeholders are willing to come to the table, practical solutions emerge to navigate complex public policy problems. We thank Mayor Wu and her team, the Massachusetts Taxpayers Foundation, NAIOP Massachusetts, the Boston Municipal Research Bureau, and leaders in both the House and the Senate for the frank conversations that occurred these last few months that led to an agreement.

We hope that this resolution mitigates property tax increases on Boston residents next year while avoiding significant new burdens on the commercial property market – and particularly small businesses. That said, approval of this new home rule petition at the city and state levels is only a temporary reprieve: this does not solve the underlying structural changes to the commercial property market and the property tax burden shift between residents and businesses. Those fundamental changes may require new approaches to city revenues and expenditures.

Fiscal discipline, forward thinking about spending proposals and city contracts (and their impacts), and constraints on revenue collection must all be considered in the future and not dismissed. We recognize the restrictions for potential revenues on municipalities, such as Proposition 2 ½ , but the City does have a variety of tools at its disposal should it choose to utilize them despite arguments to the contrary. That may require difficult decisions – the type of decisions that businesses and governments must confront and reconcile regularly to ensure future prosperity.

Downtown vitality and a strong commercial property sector are vital to Boston’s success, both for the City’s budget, but also for job creation, cultural vibrancy, and expanding economic opportunity of its residents. As we said at the outset of this debate: there is a symbiotic relationship between our businesses and City services and government, and we hope all parties can better recognize that our collective wellbeing will drive our region forward. The Chamber stands ready to continue to lead the difficult conversations that are necessary to make Boston the best place for all residents and all businesses to thrive.

 

James E. Rooney

President & CEO

Greater Boston Chamber of Commerce

 

Press Contacts:
Casey Baines
Zach Costa
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