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City Seal of Cambridge
City of
Cambridge
Summer 2024
City View
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City Manager Yi-An Huang speaking at a podium under a tent with a banner reading "Just A Start, 52 New Street." He is standing in front of a microphone at an outdoor event. There are listeners seated around him.
City Manager's Message
Hear from City Manager Yi-An Huang on this year’s budgeting process, main priorities in this year’s budget, and the city’s goals for the coming year.
Graphic of a residential street with diverse architectural styles of houses. Behind them is a blue bar graph, with each bar a bit taller and darker in hue from left to right. A rising red arrow sits atop the slope of the bar graph. Coins are also floating in front of the graph.
How the Budget Process Works
Learn how the City prepares its budget each year.
The eight members of the Cambridge City Council posing for a photo in front of the main staircase in City Hall. There's a pillar on each side of the staircase, each flanked with a long, rectangular iteration of the American flag and a green plant in front. Half-circle American flags hang from the windows in the background.
City Council Updates Goals; Forms Basis for City’s Budget
The City’s goals for this year’s budget include improved housing access, transportation, climate resilience, and other investments in the community.
A group of eleven people wearing hard hats and holding shovels participate in a groundbreaking ceremony at a construction site. They are standing on a gravel surface with a backdrop featuring construction fencing and a partially visible sign.
The Most Significant Investments in the FY25 Budget
Review the total consolidated spending by key areas of this year’s budget.
A smiling teacher supervises three students working on a classroom assignment at a table, pointing at one of their papers. The room is bright with educational posters visible in the background.
A Deeper Look at Key City Initiatives for FY25
Take an in-depth look into the City’s major initiatives for the new fiscal year--from affordable housing to traffic safety.
A young girl with curly hair smiles and holds a piece of chalk in a classroom next to another child who is seated at the table, writing with chalk. Other students, a teacher, and classroom materials are visible in the background.
The Most Significant Budget Modifications
See the major changes to this year's budget compared to last year.
The Valente Library Branch, a modern building with large glass walls and a curved, sloping roof illuminated at night, is located on a tree-lined urban street. Pedestrian crossing lines are visible in the foreground.
New Budgeted Positions
Learn about the seven new full-time positions included in this year’s budget and other changes to the City's organizational structure.
City Hall stands tall on a bright, sunny day with blue skies and a few clouds. Neighboring buildings are shown, as well as pedestrians, bikers, and cars on Mass Ave, and there are colorful crosswalks painted with Pride colors.
Cambridge Awarded Three AAA Ratings for 25th Consecutive Year
Read about the City’s favorable credit ratings and their implications for the budget.
Illustration of a vibrant cityscape featuring a variety of urban activities: people biking, walking, enjoying a picnic, and skateboarding. The backdrop includes diverse buildings under a clear sky with the sun partially visible.
Economic Success Spurs Expanded Budget
Cambridge’s economic success and strides in employment, including in the higher education and life sciences sectors, help make the City’s budget possible.
Illustration featuring a diverse group of people standing atop a green hill and joyfully raising their hands. They're set against a stylized background with illustrations of a sun and clouds as well as an overlaid image of City Hall. The background also includes the words "PRIORITIES" and "VALUES" in uppercase letters, emphasizing key themes. The overall mood is celebratory and inclusive, suggesting a community focused on shared goals and principles.
Financial Outlook Focuses on Preserving Future Financial Flexibility
Look ahead to the City’s future financial outlook and efforts to preserve flexibility and stability.
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