BPS Ended FY20 with a Small Surplus
The Boston Public Schools ended FY20 on target, with a surplus of $1,835. Triggered by a spending freeze on all non-essential items, BPS was able to shift non-salary resources to cover increased salary costs.
Category: Blog
Boston Stands Out in 2020 Bond Sale
Bond sale 2020, City issues $272.0M in General Obligation bonds.
Boston Ends FY20 With $15.3M Surplus
Reflecting a long history of conservative budgeting, FY20 marks the 35th consecutive year that Boston has produced a surplus. Strong reserves and conservative budgeting practices puts Boston in a stronger position than most other major metropolitan areas as the City faces financial uncertainties in the current fiscal year.
Research Bureau Opposes Change to Budget Responsibility of the Mayor
The Research Bureau opposed an amendment to the City Charter that would change the process for creating and approving the operating and capital budgets in the City of Boston.