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We receive and care for all monies, property, and securities the City acquires by virtue of any statute, ordinance, gift, devise, bequest, or deposit.  In addition, we pay all warrants, drafts, bonds, and approved executions against the City.

The Treasury Division receives, deposits, and invests funds and pays all warrants, drafts, and orders. The Department issues, redeems, and pays interest on all bonds and notes and maintains custody of all trusts and bequests left to the City.  Additionally, the Division issues payroll checks and required federal and state tax forms. The Division is responsible for establishing policies and procedures, monitoring compliance, and providing a central cashiering system as a resource to revenue generating departments.

David Sweeney

David Sweeney is Chief Financial Officer (CFO) and Collector-Treasurer. He's responsible for all aspects of financial management for the City. Learn more about David.

1 City Hall Square
Room M-35
Boston, MA 02201-2004
United States
Monday: 8:00 AM-5:00 PM
Tuesday: 8:00 AM-5:00 PM
Wednesday: 8:00 AM-5:00 PM
Thursday: 8:00 AM-5:00 PM
Friday: 8:00 AM-5:00 PM

General Obligation Bonds

General Obligation Bonds
What are General Obligation Bonds?

The City of Boston sells bonds to borrow the money needed to pay for construction, rehabilitation, and repair of all of its public buildings, including:

  • schools
  • libraries
  • police, fire, and park facilities,  and
  • streets and sidewalks.

When market conditions are favorable, the City may also issue general obligation bonds to reduce the interest rates that apply to its outstanding debt. We refere to the bonds as "general obligation bonds" because they are secured by the full faith and credit of the City, and not by a particular source of revenue.

You can download and view digital copies of the Official Statements for the general obligation bonds we issued. These copies are for information reasons only, and do not constitute an offer to sell securities.

Bonds 2016
City of Boston, Massachusetts
  • $140,000,000 General Obligation Bonds: 2016 Series A
  • $8,100,000 General Obligation Bonds: 2016 Series B
Bonds 2015
City of Boston, Massachusetts
  • $140,000,000 General Obligation Bonds: 2015 Series A
  • $126,735,000 General Obligation Bonds: 2015 Series B
Bonds 2014
City of Boston, Massachusetts 

$153,000,000 General Obligation Bonds: 2014 Series A

On March 12, 2014, the City of Boston sold its $153,000,000 General Obligation Bonds, 2014 Series A (the "2014 Series A Bonds"), by competitive sale.

Bonds 2013
City of Boston, Massachusetts
  • $144,855,000 General Obligation Bonds: 2013 Series A
  • $24,380,000 General Obligation Bonds: 2013 Series B

On February 21, 2013, the City of Boston sold its $144,855,000 General Obligation Bonds, 2013 Series A (the "2013 Series A Bonds"), its $24,380,000 General Obligation Refunding Bonds, 2013 Series B (the "2013 Series B Bonds"), by competitive sale.