Boston

Overview


Socioeconomic Data
Population 667,137
Employment 342,272
Unemployment Rate 4.6%  (69 of 116)
Zillow Home Value Index $475,000  (16 of 116)
Government-Wide Revenues and Expenses
General Revenues $2,391,276,000
Capital Grants and Contributions $53,099,000
Charges For Services $209,382,000
Operating Grants and Contributions $670,640,000
Total Revenues $3,324,397,000
Total Expenditures $3,246,661,000
Change in Net Assets $77,736,000
Actuarially Determined Pension Contributions $164,600,000
Pension Contributions Actually Made $164,600,000
Government-Wide Position
Current Assets $1,602,899,000
Total Assets $3,563,763,000
Current Liabilities $607,333,000
Long Term Debt $2,414,320,000
Total Net Position ($630,556,000)
Unrestricted Net Position ($1,184,987,000)

Revs and Exps


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Surplus / (Deficit) General Fund Other Funds Total Gov. Funds
FUND BALANCE AT END OF YEAR $  862,172,000 $  360,760,000 $  1,222,932,000
Surplus/(deficit) 60,319,000 (167,181,000) (106,862,000)
Revenues
Total Revenues $  2,916,483,000 $  361,592,000 $  3,278,075,000
Taxes 1,946,491,000 0 1,946,491,000
Intergovernmental revenues 523,256,000 306,326,000 829,582,000
Miscellaneous Gains 315,354,000 52,929,000 368,283,000
Licenses and permits 71,205,000 86,000 71,291,000
Fines and Fees 60,116,000 0 60,116,000
Investment income 61,000 2,251,000 2,312,000
Expenditures
Total Expenditures $  2,856,164,000 $  528,773,000 $  3,384,937,000
Miscellaneous 1,757,654,000 138,291,000 1,895,945,000
Public safety 633,471,000 32,184,000 665,655,000
Capital Outlay 348,000 247,126,000 247,474,000
Debt Service 153,448,000 4,823,000 158,271,000
Public works 123,767,000 18,456,000 142,223,000
Development 35,594,000 75,919,000 111,513,000
Health and welfare 73,577,000 1,244,000 74,821,000
General government 58,242,000 9,219,000 67,461,000
Culture, parks and recreation 20,063,000 1,511,000 21,574,000

Metrics


General Fund Balance Ratio 30.19%  (34 of 116)
Debt to Revenue Ratio 72.62%  (103 of 116)
Pension ADC to Revenue Ratio 4.95%  (69 of 116)
Annual Change in Home Prices 6.96%  (55 of 116)
Annual Change in Unemployment Rate (0.6%)  (40 of 116)
Fiscal Health Score 92  (7 of 116)
Implied Credit Rating AAA