BUDGET WATCH 2020
Boston’s FY20 proposed budget is released: 8 budget dynamics with potential for significant impact on the City finances and service delivery in FY20 and beyond.
Category: Blog
Top Concerns of US Mayors
Housing, economic development and social mobility are in the forefront of a wide range of challenges for mayors across the country.
Boston Shows Strength in Bond Sale
Boston’s financial position earned the highest ratings from Moody’s Investment Services and S&P Global in 2019. Both rating agencies cited the risk of climate change as a key issue in their ratings reports.
Boston’s Tax Rates Set for FY19
Substantial new growth drove Boston’s property tax levy increase of $133.4M or 6%, far greater than the Proposition 2½ levy limit of 2.5%. New growth, primarily from residential new development, contributed $78.7M, the largest new growth amount ever.