Boston’s FY17 budget has been set at $2.975B, an increase of $118.0M or 4.1%. Spending for employees is budgeted at $2.010B or 68% of the budget and represents 78% of the total operational budget increase. Since the Mayor’s original submission in April, $4.68 million more has been added to the BPS budget. Grant funds total $322.7M and the City’s five-year capital plan totals $1.91B, with borrowing expected to increase by 11%. Full Report>
Category: Special Reports
June 9, 2016 – During the second year of the Walsh Administration employee levels dropped 159 to 16,956. This decline occurred proportionally across the City. The three largest departments (School, Police, and Fire) represent 78% of the city workforce and account for 73% of the citywide decrease. This drop comes after three consecutive years of an increasing workforce (+943) Read Full Report>
MAY 3, 2016 – Boston relies on the property tax for almost 70% of revenues. A Research Bureau Special Report examines the factors that contributed to the fiscal 2016 property value increase and tax rates such as tax base growth, Proposition 2½ and classification – driving general fund revenues. Read Full Report>
April 3, 2016 – The annual budget problems facing the Boston Public Schools are not due to the increase in Commonwealth charter school seats in Boston. The charter schools do not receive an unfair share of Boston’s public resources for education.
Read our latest Special Report: The True Costs of Boston’s Charter Schools>