Stabilization 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?

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

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.