public economics – ReportWire

Beverly faces nearly $4 million budget shortfall this spring

December 24, 2025 · Boston, Massachusetts Local News

BEVERLY — The city is facing a nearly $4 million shortfall in funding the fiscal 2027 operating budget. That number — $3,921,385, to be exact — was in…

Report: Mass. cities, towns face ‘historic’ fiscal crisis

October 13, 2025 · Boston, Massachusetts Local News

BOSTON — Massachusetts cities and towns are facing a “historic fiscal crisis” amid rising operating costs, lackluster state aid and restraints on property tax increases, according to a…