Category: Bureau Updates

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.

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.

The City of Boston ended FY18 with a $21.2M General Fund operating surplus – actual receipts exceeded budgeted revenues by $55.7M

Impact the future of Boston. Highly qualified applicants for the Boston School Committee needed by January 7th.