Tag Archive for: financial transparency

An Examination of the Commonwealth Rainy Day Fund

Established in 1987, the Commonwealth Stabilization Fund has been a key component of the financial stability of Massachusetts. As of recently, it's seen spectacular growth. Why?

The Curious Case of the Missing Stabilization Funds

Stabilization funds are a key component of a municipality's financial strength, yet many towns (including Boston!) report no stabilization funds. Why is this?

Massachusetts Remains One of the Least Financially Transparent States

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In 48 states, elected officials are required to submit annual public financial disclosures. After seven years of tracking these disclosures state by state, Pioneer Institute ranks Massachusetts lowest in terms of the transparency of those financial disclosures.