Each July 1, the City of Worcester and Worcester Public Schools begin a new fiscal year. Who sets the priorities and how is the budget developed?
See More...This report looks at Worcester’s FY14 budget of $563 million and suggest how Worcester can continue to balance its budget while facing increasing school, healthcare, and pension system costs.
See More...This report addresses a crisis local governments are facing across the nation: how to pay for OPEB – “other post-employment benefits” that were promised to retirees in better fiscal times.
See More...This report offers a number of observations on Worcester’s FY13 municipal budget of $542 million.
See More...In an effort to explain the major fiscal challenges that Worcester and every other community in the Commonwealth faces in FY12, and how they have been addressed, The Research Bureau presents answers to ten key questions about the City’s budget.
See More...How is a bond rating for a municipality determined? Have Worcester’s borrowing costs gone up or down in the current volatile municipal bond market?
See More...This report reviews the City Manager’s FY11 budget.
See More...This report discusses the significance of bond ratings for a municipality’s financial well-being and examines seven indicators of municipal fiscal health that are key determinants of a municipality’s bond rating.
See More...This report, produced annually, reviews the City Manager’s FY10 budget.
See More...This report discusses the significance of bond ratings for a municipality’s financial well-being and examines seven indicators of municipal fiscal health that are key determinants of a municipality’s bond rating.
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