Category: Bureau Updates

Boston’s successful PILOT program is a boon to the economy

The Community Preservation Committee completed its Pilot Round for 2018 and recommended a slate of 35 projects which the Mayor and City Council both approved unchanged.

The City of Boston’s unfunded actuarial liability for retiree health and life insurance benefits recently grew by $102M or 4.5%.

Boston’s strong financial position was demonstrated by its recent successful sale of $150M of Go bonds.