Tag Archive for: stabilization funds
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/Massachusetts-municipal-budgets.png 512 1024 Andrew Mikula https://pioneerinstitute.org/wp-content/uploads/logo_440x96.png Andrew Mikula2020-05-06 09:43:042021-02-15 16:06:22COVID-19 will likely lead to a recession. Can Massachusetts municipal budgets handle one?
Using municipalities' experiences during the Great Recession, a new policy brief examines the likely impact of COVID-19 on local property taxes, as well as political implications for state aid. We list the municipal revenues by category among the least tax-reliant communities in Massachusetts, show the trajectory of tax revenue growth rate in Massachusetts state and local governments, and rank stabilization fund assets per capita among Massachusetts Gateway Cities.