Mayor LaChapelle to introduce stabilization fund aimed at reducing city’s tax rate

MASSLive: Easthampton Mayor Nicole LaChapelle is expected to propose a tax rate stabilization fund Wednesday night aimed at reducing the city’s tax rate.

… EASTHAMPTON - Easthampton Mayor Nicole LaChapelle is expected to propose a tax rate stabilization fund Wednesday night aimed at reducing the city’s tax rate. The mayor will introduce two other “financial tools" to the Easthampton City Council at a 6 p.m. meeting, including a cannabis impact fee stabilization fund and a municipal sustainability donation account, LaChapelle said in a statement.

“We face challenges ahead and must ensure that everything we do fulfills our responsibility to be strong fiscal stewards for your taxpayer dollars,” the mayor said in her statement. “We frequently hear the community’s valid concerns about affordability in Easthampton, particularly the impact on elders, young families, the disabled, veterans and renters whose landlords pass the increase onto them.”