Category: Special Reports

special-reort

City of Boston Adopts Balanced FY17 Budget

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>

special-reort

Workforce Decreased in 2015

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>

special-reort

Property Values Reach $128B

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>