Springfield Mayor Domenic Sarno is announcing that Eversource has paid its property tax bill. The Massachusetts Appeals Court ruled earlier this month that the utility company had to pay up from a decade's worth of taxes tabulated by Springfield through a new property valuation method.
“This one-time infusion of money will be used in four categories: (1) to bring continued property tax relief to residents and business community, (2) to strengthen the city’s reserves, (3) for one-time capital projects, and (4) for pension liability. I also want to acknowledge Eversource for working cooperatively with my administration. I have requested of them that this cost not be passed along to our ratepayers.”
The check ends a court dispute that lasted more than a decade.
(Photo Credit: Springfield Mayor's Office)