Apparently not, even with a late-November deadline for legislative approval of her home rule petition fast approaching.

To the bafflement of many on Beacon Hill and in the business community, Wu on Wednesday made clear once again she wasn’t interested in modifying the bill she filed with the Legislature in April to help the city offset the decline in commercial real estate values.

The legislation has stalled amid opposition by business groups and skeptical state senators who think City Hall should share the financial pain of property owners by also reducing spending or tapping reserves to balance its budget.

The news: Such moves “would be very financially irresponsible,” Wu told reporters in a virtual briefing from Moon Island, where she was attending a Boston firefighters event. It’s a message she recently delivered behind closed doors to lawmakers and business leaders.

The mayor also dismissed the idea of using city funds to help homeowners who can least afford to pay higher property taxes, saying it would violate state laws and perhaps the state constitution.

• Wu said City Hall would need to cut its $4.64 billion budget by $265 million, or nearly 6 percent, to have the same impact as her property tax plan. That would force a layoff of 2,200 city employees and cuts to essential services.

The reaction: Business leaders said they’re not asking the city to come up with the entire $265 million. Instead, they are pushing for a package of changes that would soften the blow on commercial landlords and still provide relief for homeowners.

• “We need to piece a solution together,” said James Rooney, chief executive of the Greater Boston Chamber of Commerce. “This was not an unexpected storm,” he said, noting that the city’s budget increased 20 percent over the past three years even as signs emerged that commercial real estate was in trouble.

Marty Walz, interim president of the Boston Municipal Research Bureau, a business-backed watchdog group, said that after boosting spending by 8 percent in the current fiscal year, a trim of 1 or 2 percent was easily manageable without crippling the city.

• “What manager can’t find that in their budget?” she said.

Recap: High vacancy rates have eroded the value of office buildings and other business properties. Recent data from real estate firm JLL show a slight improvement, but the decline threatens to throw Boston’s operating budget out of whack. Commercial real estate taxes, which are pegged to assessed values, account for about 40 percent of its revenue.

New numbers: At her briefing, Wu said the city’s latest data show that commercial assessments will drop an average of 7 percent, effective in January. The average residential assessment will increase 4 percent.

• Based on those numbers — which are subject to a final revision — residential tax bills would increase an average of 14 percent compared with the fiscal year ended in July without approval of Wu’s plan, and 5 percent if she gets the green light from lawmakers.
• The impact on commercial properties would vary, but Wu said a typical building valued at $5 million would see its tax bill fall 6.7 percent under the new assessments, or 0.5 percent if her plan is in place. (Newer “Class A” properties, which are doing better in attracting and retaining tenants, would likely see an increase in tax bills, the city said previously.)

Final thought: For the average Boston home, which the city said is assessed at $838,000, the tax increase in the third and fourth quarters of 2025 compared with the first two quarters would be a total of $770 if Wu’s bill doesn’t pass, and $275 if it does.

As a possible compromise, the city could kick in enough money to split the difference between those two outcomes, leaving an increase of less than $250 on the average residential tax bill between January and June.

Why is the mayor taking on Spilka — whose approval she also needs to complete the city’s takeover of the Boston Planning and Development Agency — over a change the city could afford?

• “If you think that the only way forward is to be as uncompromising as possible,” Obama said, “you will feel good about yourself, you will enjoy a certain moral purity, but you’re not going to get what you want.”

Wise words for any politician.

Larry Edelman can be reached at larry.edelman@globe.com.

When Boston College takes on Virginia Tech next week in another road test, it will be in front of a sellout crowd at Lane Stadium.

The Hokies have sold out six games already this season, and have now added their conference bout with BC to that list. All 65,000-plus seats will be filled as the Eagles look to rebound from a hard loss at Virginia 12 days prior.

This game will be played in an awkward window for Boston College, as the team is on bye this week, but drew the Thursday night matchup with VT leading up to the October 17 bout. The game will serve as the Eagles’ third ACC matchup and will provide a chance for the team to get back above .500 in conference play.

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The battle over the MCAS ballot question continued to heat up, with a new ad campaign joining the legions flooding televisions and the Boston mayor chiming in with her stance on the issue.

“Massachusetts students attend the best-ranked schools,” argues a new television ad from the opposition group Protect Our Kids’ Future: No on Question 2. “But Question 2 will gut our education system and leave us with lower standards than Mississippi and Alabama.”

The MCAS ballot question would nix the state’s standardized testing graduation requirement for high school students, replacing it with criteria determined by local districts informed by state standards. Students would continue to take the test as an assessment tool.

The No on Question 2 group bought a 30-second and 15-second ad, including a featured parent speaking arguing the effort would “weaken” high standards for her kids.

The latest two ads by supporters of the MCAS graduation requirement follows a similar 30-second ad released in support of the question Tuesday by the Committee for High Standards Not High Stakes, largely led by the Massachusetts Teachers Association.

“We all want to maintain our school’s high standards, and we all agree a single standardized test shouldn’t keep a student from graduating,” state several speakers, including teachers, parents and a pediatrician featured in the ad. “Question 2 replaces the high stakes, high stress MCAS and allows teachers to work with each learner using grades and assessments to measure who’s prepared to succeed after graduation.”

A Suffolk University/Boston Globe poll released Tuesday showed 58% of surveyed Massachusetts voters said they would vote in favor nixing the MCAS graduation requirement, while 37% said they would vote no.

Both sides have highlighted a range of endorsements in recent weeks.

MCAS supporters touted the endorsement of the Black Economic Council of Massachusetts and The Alliance for Business Leadership on Monday. They noted Massachusetts Gov. Maura Healey and Secretary of Education Patrick Tutwiler, among other state leaders, favor the MCAS requirement.

Meanwhile, those in favor of Question 2 boasted the endorsement of Sen. Elizabeth Warren and Rep. Ayanna Pressley the week before, along with a group of local business leaders and State Auditor Diana DiZoglio.

Boston Mayor Michelle Wu chimed in on a live WGBH segment Tuesday, saying she is “torn” and will not take a public position on the question.

Wu noted the importance of “high standards and clear standards for our education system” but said “tests should not be used in a high-stakes way, especially in a one-size-fits-all mechanism.” She expressed concern with doing away with the test through this ballot measure, adding that “more nuance or more language” could be worked in through a legislative process.

“There are elements that I think are important around the need to reflect the diversity within our learning communities and the negative consequences that can happen when a one-size-fits-all standard can be applied,” Wu said. “But I’m not comfortable with the alternative that this puts in place in terms of what would replace that to maintain high standards.”

Massachusetts voters will see Question 2 on the ballot for the Nov. 5 general election.