Major Trends in Local FinanceMunicipal revenues and expenditures increased by 5.7 percent ($1.8 billion) from fiscal year (FY) 2021 to FY 2022; the highest rate of growth since FY 2007. The strong rate of growth in FY 2022 is partially the residue of...

MTF has released the 49th Edition of the Municipal Financial Data pamphlet, an annual publication that summarizes key financial issues for the 351 cities and towns in Massachusetts for fiscal 2019 including an overview of major revenue and spending...

The Foundation released its 43rd annual report on municipal finances concluding that despite a modest rebound in revenues, municipalities find themselves in a long-term budget squeeze because the costs for pensions, employee and retiree health care,...

In the 31st edition of its annual summary of trends in local revenue, spending and property taxes, the Foundation reports that municipal finances reached a high water mark in fiscal 2001. Looking ahead, however, the report cautions that cities and...

In the 32nd edition of its annual summary of trends in local revenue, spending and property taxes, the Foundation concludes that municipal finances have entered a new and much more difficult phase. While overall performance remained healthy in 2002,...

In the 33rd edition of its annual summary of trends in local revenue and spending, the Foundation concludes that deep cuts in state aid to cities and towns have produced significant increases in property taxes across the Commonwealth, including...

Cities and towns are facing a combination of higher property taxes and employee layoffs as a result of cuts in state aid, according to the Foundation's 34th annual analysis of local revenues and spending. Although the 2005 state budget provides...

In order to help address the "relentless squeeze" on municipal finances in Massachusetts, the state should dedicate 40 percent of tax revenues to local aid and develop a new system for benchmarking local costs, according to the Foundation's 35th...