City councilors are set to vote to set tax rates for residential and commercial property owners during the council hearing Wednesday. Mayor Wu's home rule petition, defeated in the Senate Monday, aimed to allow the councilors to shift more of the tax burden from residents to businesses.

The House passed the Boston property tax relief bill in order to give the City the flexibility it needed to avoid double-digit residential tax increases," House Ways & Means Committee Chairperson Aaron Michlewitz said.