Download or read book City of Boston, Massachusetts, Comprehensive Annual Financial Report for the Fiscal Year Ended June 30, 2002 (Classic Reprint) written by Boston Auditing Department and published by Forgotten Books. This book was released on 2017-11-19 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from City of Boston, Massachusetts, Comprehensive Annual Financial Report for the Fiscal Year Ended June 30, 2002 The City of Boston is the economic hub of both the Commonwealth of Massachusetts and the New England region. It is a center for professional, business, financial, higher education and medical services as well as transportation, communication, export, cultural and entertainment activities. Boston is also the state capital and the host to several federal agency offices. High technology, tourism, research and development, manufacturing, and wholesale distributions also contribute to the economy of the City and its suburbs. The City's economy continued to perform favorably despite the economic slowdown starting in mid-2001, which was compounded by the. Events of September 11, 2001. Each year since 1996 Boston has been upgraded by'one of its rating agencies. The financial markets expressed their confidence in Boston's fiscal health when Standard Poor's upgraded the City's bond rating from AA to aaa in February 2002. Fitch also upgraded the City's bond rating, assigning a rating of aaa in February 2002, which was up from AA Factors contributing to the confidence in Boston are its dominant role in the New England economy, the established track record of effective financial management and the City's continued conservative debt management and capital planning. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.