BUDGET WATCH ’16
BUDGET WATCH ‘16: Boston’s FY16 budget relies on own-source revenues for 97.6% of revenue growth – state aid contributes 2.4% Read more>
Author: bmrb
Revisiting Boston’s Pension System
Boston’s retirement system is 70.7% funded with an outstanding unfunded liability of $1.5 billion. Overall, Boston’s pension system is comparatively healthy and the City and Retirement Board have taken prudent steps to strengthen the integrity of its financial position. Read more on how the City will sustain this position. Full Report>
What we should be asking about Boston’s Olympics bid
Opinion appearing in Boston Globe June 26, 2014 – By Matthew Kiefer and Samuel R. Tyler
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Boston Employees Grow for 3rd Year
During the first year of the Walsh Administration, the number of Boston city-funded employees increased by 134 to 17,116. Of that increase, the School Department accounted for an increase of 125 employees and all other city departments, in aggregate, added nine employees. Full Report>