Menino was a decade into his tenure as mayor, having built strong relationships with key legislators. His pro-development stance reassured developers, leading to significant progress despite budget constraints.
Wu, now only three years into her tenure, raised the budget by 8% amidst declining property tax projections. This could lead to homeowners covering a bigger share of the tax burden.
The ongoing decline in commercial property values, influenced by work-from-home policies, poses a significant risk to the city’s finances and the sustainability of its budget.
Wu's public dispute with the Senate over her tax plan created complications and may have undermined her efforts to manage the city's impending fiscal challenges.
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