Boston, MA

TIA Data

2020 Financial State of Boston (Released 1/25/2022)

Use Create Your Own City Chart to see additional financial, demographic and economic data for this and other cities

Boston's Taxpayer Burden™ is -$10,600, and it received a "D" from TIA.
Boston is a Sinkhole City without enough assets to cover its debt.
Decisions by elected officials have created a Taxpayer Burden™, which is each taxpayer's share of city bills after its available assets have been tapped.
TIA's Taxpayer Burden™ measurement incorporates all assets and liabilities, including retirement obligations.
Boston only has $2.8 billion of assets available to pay bills totaling $5.5 billion.
Because Boston doesn't have enough money to pay its bills, it has a $2.8 billion financial hole. To erase this shortfall, each Boston taxpayer would have to send $10,600 to the city.
Boston's reported net position is inflated by $536.8 million, largely because the city defers recognizing losses incurred when retirement liabilities increase.
The city's financial report was released 212 days after its fiscal year end, which is considered untimely according to the 180 day standard.

Prior Years' TIA Data

2019 Financial State of Boston

2018 Financial State of Boston

2017 Financial State of Boston, MA

2016 Financial State of Boston

2015 Financial State of Boston

Other Resources

Boston Comprehensive Annual Financial Reports

Publishing Entity: City of Boston