BMRB Special Report, analyzing Boston’s recent Parcel Disposition Initiative – looks like 458 housing units will be created, along with commercial retail space and open space. All because the City sold or transferred 183 city-owned parcels.
Under the Governors FY19 budget, the state share of the cost of Boston’s School Department operating budget will continue to be less than the year before.
Boston’s total accumulated liability for compensated absences was $200.3M (as of 6/16) – 71% is for accumulated sick days. With a $142M sick leave liability, the City should evaluate the utility of the payment for unused sick days and seek to reduce future payouts in contract negotiations.
The Commonwealth is not keeping pace with revenue sharing to its largest city, especially state education aid, even though the City is an important driver of the state’s economy.