Division of Local Services, Massachusetts Department of Revenue
Explore data on bond ratings issued to Massachusetts municipalities by Moody's and Standard & Poor's. This data is hosted on a website managed by the Division of Local Services.
On March 11, 2021, the American Rescue Plan Act of 2021 (ARPA) was signed into law. This law provides resources through the Coronavirus Local Fiscal Recovery Fund (CLFRF) to local governments to respond to the public health emergency caused by the Coronavirus Disease (COVID-19).
The federal Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) provided Massachusetts with a total of approximately $2.7 B through the new Coronavirus Relief Fund (CvRF) to use for expenditures related to the COVID-19 public health emergency.
The federal American Rescue Plan Act (ARPA) provided approximately $8.7 billion to Massachusetts through the Coronavirus State and Local Fiscal Recovery Funds. The Commonwealth received $5.3 billion from the Coronavirus State Fiscal Recovery Fund (CSFRF). Municipalities and functional counties in the Commonwealth received $3.4 billion from the Coronavirus Local Fiscal Recovery Fund (CLFRF). Tribal Governments in the Commonwealth received $25 million from the Coronavirus State and Local Fiscal Recovery Funds.