The Massachusetts taxpayers foundation recommends that the only way to lower costs is “to lower our head count,” said Alan Benson. “That’s the only way to get ahead of this. Decreases salaries, OPEB and pension, says the Taxpayers Foundation
A new report finds that even as the overall economy improves, cities and towns in Massachusetts are feeling a financial pinch. The Massachusetts Taxpayers Foundation released its 45th annual municipal finance report.
A new report by the Massachusetts Taxpayers Foundation finds that even as the overall economy improves, the state’s cities and towns are still feeling plenty of financial strain. Municipal revenues grew by a modest 3.8 percent in the last fiscal year, a figure that remains below historical averages prior to the recent recession.