Category: Bureau Updates

Boston Shows Strength in Bond Sale

Boston’s financial position earned the highest ratings from Moody’s Investment Services and S&P Global in 2019. Both rating agencies cited the risk of climate change as a key issue in their ratings reports.

Boston’s Tax Rates Set for FY19

Substantial new growth drove Boston’s property tax levy increase of $133.4M or 6%, far greater than the Proposition 2½ levy limit of 2.5%. New growth, primarily from residential new development, contributed $78.7M, the largest new growth amount ever.