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Statement regarding the City of Cambridge's recent AAA Rating

Statement regarding the City of Cambridge's recent AAA Rating

“Cambridge’s sustained excellence in financial strength is a testament to the leadership of City Manager Louis DePasquale and his predecessors,” said David Maher, President and CEO of the Cambridge Chamber of Commerce. “Our commercial sector is not just the envy of the world, it also pays about two-thirds of all tax revenue collected by the City. This has allowed Cambridge to keep residential property taxes low for homeowners and ensure that multigenerational Cantabrigians continue to be part of our City’s makeup.”

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