Tag Archive for: Stabilization Fund
https://pioneerinstitute.org/wp-content/uploads/rainy-day-fund-pic.jpg 902 1600 Peter Mentekidis https://pioneerinstitute.org/wp-content/uploads/logo_440x96.png Peter Mentekidis2023-07-25 10:44:442023-07-25 10:49:22An 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?
https://pioneerinstitute.org/wp-content/uploads/Boston_City_Hall_5-scaled.jpg 1509 2560 Peter Mentekidis https://pioneerinstitute.org/wp-content/uploads/logo_440x96.png Peter Mentekidis2023-07-18 10:15:342023-07-20 12:16:04The 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?
https://pioneerinstitute.org/wp-content/uploads/money.jpg 720 1280 Sarah Delano https://pioneerinstitute.org/wp-content/uploads/logo_440x96.png Sarah Delano2023-07-13 10:18:532023-07-13 10:18:53Large Free Cash Fund in Woburn Demonstrates Quality Financial Management
Woburn has consistently had quality financial management in recent years, demonstrated by the fact that the city had the third highest free cash fund in the state in 2020. The city’s financial success has benefited its taxpayers, as the city’s bond rating has been promoted to a AAA rating by the S&P agency standards.