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Financial Indicators
Welcome to the homepage for Natick's financial indicators. These indicators are used to develop a clear understanding of Natick’s present financial condition and to forecast, as best as reasonably possible, our financial future. The indicators are updated annually and plotted over time to facilitate ongoing monitoring and analysis.
Objectives
The objective of the annual indicators is to present an analysis of Natick’s financial condition, which is generally defined as our ability to pay, on a continuing basis, for the cost of services needed and desired. This strategic planning effort helps us to create financial stability within our local government, thus minimizing impact on taxpayers.
This strategic financial planning facilitates efforts to:
We encourage citizen participation in all of these efforts, and look forward to annually presenting and discussing the town’s financial condition.
Objectives
The objective of the annual indicators is to present an analysis of Natick’s financial condition, which is generally defined as our ability to pay, on a continuing basis, for the cost of services needed and desired. This strategic planning effort helps us to create financial stability within our local government, thus minimizing impact on taxpayers.
This strategic financial planning facilitates efforts to:
- Measure and monitor trends and changes in our financial condition
- Identify forces affecting our condition
- Foresee emerging problems and identify strategies in response to these factors, and
- Create stability in our financial condition
- Maintain existing service levels
- Withstand local and regional economic disruptions
- Meet demands and challenges associated with economic, demographic and other growth, decline or change
We encourage citizen participation in all of these efforts, and look forward to annually presenting and discussing the town’s financial condition.