Boston’s FY19 Budget Grows 4.4%
The Boston City Council is expected to pass a $3.3B budget for FY19 on Wednesday, June 27th. Find out why the City should maintain vigilance in managing employee expenses.
Author: bmrb
Boston’s Retiree Health Care Liability Increases
The City of Boston’s unfunded actuarial liability for retiree health and life insurance benefits recently grew by $102M or 4.5%.
Boston Shows Market Strength
Boston’s strong financial position was demonstrated by its recent successful sale of $150M of Go bonds.
Boston’s Abatement Applications at 28-Year Low
Over the past five years, the number of property tax abatement applications have decreased by 24%, ultimately freeing up $ for city spending.