Image via the the John Rockefeller Williamsburg collection.  

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I wanna piece outta you. You wanna piece of me?
A Quincy Quarry News exclusive file photo

Quincy Mayor Thomas Koch to impose record-breaking going away property tax increases come Calendar Year 2026?

In what has become a Quincy Quarry News tradition in recent years, the Quarry is now endeavoring to go three for three over three years in a row to effectively project how much local homeowners should expect their residential property tax bills will go up in the fast approaching 2026 tax year as City Hall does not do so.

Case in point, the quants at the Quarry all but nailed the 2024 tax increase with its prediction for at least a painful 7.7% increase to upwards of a stones-busting 8.8% increase as the actual increase ended up to be at least a Koch era 8.3% record increase.

calculations

Quincy Quarry runs the numbers, a lot of numbers.
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For 2026, the Quarry had to up its game as it first had to confirm that roughly $26 million more in spending obligations in Fiscal Year 2026 looks to need to be added to the $36 million spending increase indicated per Quincy Mayor Thomas Koch’s city council-approved FY 2026 budget.

So combined, city spending looks to be heading up by just short of 15% for FY 2026.

Further ugly, there is as much as $22 million or more in city obligations over several recent fiscal years that were not budget funded and thus not duly covered, however, the Quarry is setting aside these millions from consideration.

Head stuck while pigging out on a honey pot
Imagine via Pinterst

For now anyway.

In any event, unless Quincy Mayor Koch has a honey pot or pots unknown to the Quarry, local homeowners should prepare for face a record setting property tax bills on the order of at least 10% to perhaps north of 12%.

At the same time as well as in the meanwhile, do keep the following in mind: dimes are dropping Quincy Quarry’s way that Mayor Koch’s Director of Municipal Finance has apparently as well as quietly in recent days left the job after years of playing a key role in koching-up the city’s finances and often via all manner of koch and mirrors.

Why is this man laughing
Still Image via a YouTube video

Even so, the now-former director might so end for the most part escaping unscathed by sure to be angry taxpayers when expected to be outsized property tax bill increases hit the fan in four short months.

Further, if reports of the rumored departure are accurate, so bailing would be happening at arguably the worst time of the year to do so.

Reasons for this assessment include that not only it is currently time to close out the City’s books for FY 2025, it is also time to start preparing to do battle with the Department of Revenue over the setting of the local property tax rates for CY 2026 and which will play a key roll in the calculating of 2026 property tax bills.

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