Breaking Down the Budget: An Examination of Worcester’s FY26 City Budget is the Bureau’s latest analysis in its long-running series on municipal finance, outlining how the City funds services, allocates resources, and prepares for future challenges.

Each year on July 1, Massachusetts cities and towns must have completed this process and implement a new budget.

Each Year on July 1, Massachusetts cities and towns must implement a new budget. The City of Worcester’s Fiscal Year 2024 (FY24) budget, entitled Empower Progress: Investing in Equity, Talent, and Culture, took effect on July 1, 2023.

EACH YEAR on July 1, Massachusetts cities and towns must implement a new budget. The City of Worcester’s Fiscal Year 2023 (FY23) budget took effect on July 1, 2022.

Each year on July 1, Massachusetts cities and towns must implement a new budget. The City of Worcester’s Fiscal Year 2022 (FY22) budget takes effect on July 1, 2021.

EACH YEAR on July 1, Massachusetts cities and towns must implement a new budget. The City of Worcester’s Fiscal Year 2020 (FY20) budget takes effect on July 1, 2020.

EACH YEAR on July 1, Massachusetts cities and towns must implement a new budget. The City of Worcester’s Fiscal Year 2019 (FY19) budget took effect on July 1, 2018.

EACH YEAR on July 1, Massachusetts cities and towns must implement a new budget. The City of Worcester’s Fiscal Year 2018 (FY18) budget takes effect on July 1, 2018. Municipal budgets must balance—expenditures cannot exceed revenues.

The Research Bureau offers its annual Breaking Down the Budget: Questions to Consider - a summary and analysis of the City of Worcester and Worcester Public Schools Fiscal Year 2017 Budgets, which go into effect on July 1, 2016.

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? How much money are we really talking? Read Breaking Down the Budget: Questions to Consider to improve your understanding of the City’s FY16 budget.