Category: Blog

magnifier, charts, calculator and pen on laptop

Boston Ends FY17 with a $6.7M Surplus

Boston ended FY17 with a $6.7M General Fund operating surplus due to conservative revenue estimates and ongoing control over spending for permanent employees. Not all revenue sources planned in the FY17 budget needed to be utilized.

Boston Buildings

Government Owns 79% of Boston’s Exempt Area

It’s not a secret that nearly half of Boston’s land area is tax-exempt. What does not get as much attention is that government owns over three-quarters of all exempt land in Boston at 78.7% of the total – with the Commonwealth holding the largest portion at 48%.