Moody’s said that the city management has taken a “consistently conservative” approach to budgeting.
Depasquale echoed this, saying, “Even when times were good, Cambridge never spent a lot.”
City Manager Robert W. Healy said he made financial stability one of his top priorities back when he was promoted to his current office in 1981.
“If you don’t have fiscal stability and fiscal strength, you aren’t able to provide an array of services,” Healy said in an interview with The Crimson in May.
—Staff writer Kerry M. Flynn can be reached at kflynn@college.harvard.edu.
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—Staff writer Maya Jonas-Silver can be reached at mayajonas-silver@college.