• October 2002

Municipal Financial Data: 32nd Edition

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, continuing weakness in the state economy and the impact of the Commonwealth's fiscal crisis on state aid will create a harsher local fiscal environment over the next several years. Includes financial data and property tax rates for every city and town in the Commonwealth.