Boston Municipal Research Bureau


Boston Ends FY15 with a $7.4M Surplus

The City of Boston ended FY15 with a $7.4M General Fund operating surplus, slightly smaller than the $9.5M surplus in FY14. The surplus is due to the fact that actual receipts exceeded budgeted revenues by $44.8M or 1.6%, which was greater than the $37.5M that actual spending exceeded final appropriations. The General Fund surplus represents 0.27% of city spending of $2.77B. (continued . . .)