The City of Boston’s unfunded actuarial liability for retiree health and life insurance benefits recently grew by $102M or 4.5%.
Category: Bureau Updates
Boston’s strong financial position was demonstrated by its recent successful sale of $150M of Go bonds.
Over the past five years, the number of property tax abatement applications have decreased by 24%, ultimately freeing up $ for city spending.
Agreements are reached for 78% of Boston employees covered by union contracts.