Congratulations. You made it through tax day.
When it comes to taxes in Somerville, below is a list of the top ten payers in fiscal year 2012.
Somerville's top ten taxpayers, together, control property valued at around $365 million and they pay nearly $8 million to Somerville—about 7.6 percent of the city's overall tax levy.
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Name of business Nature of business Total assessed valuation Tax amount Percent of total tax levy NSTAR Electric Co. Electric company $62,673,210 $1,369,409 1.3% FR Assembly Square LLC Shopping mall, 133 Middlesex Ave. $62,624,000 $1,368,334 1.3% Twin City Plaza LLC Retail mall, 22 McGrath Highway $54,938,000 $1,200,395 1.1% I-93 Somerville LLC Retail, 75 Mystic Ave. $36,000,000 $786,600 0.8% CRP 70 Inner Belt LLC Telecommunications (CoreSite Data Center), 70 Inner Belt Rd. $33,680,000 $735,908 0.7% Kadima Medical Properties Professional building (home to , etc.), 40 Holland St. $32,094,100 $701,256 0.7% National Tax Searc LLC Office building (housing , etc.), 5 Middlesex Ave. $24,275,800 $530,426 0.5% ST Retail Inc. & FR Sturtevant St. LLC Developable land, 123, 74 and 85 Foley St. (Assembly Square) $20,923,200 $457,171 0.4% NSTAR Gas Company Gas company $20,454,580 $446,932 0.4% IKEA Property Inc. Developable land $18,301,200 $399,881 0.4% Total $365,964,090 $7,996,315 7.6%
The list is similar to last year's top ten, with a few changes.
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