The Seaport’s taxes enrich every corner of Boston. For context, $343 million is enough to fund the city’s Public Health Commission two times over. It’s nearly three times the budget for Public Works, which keeps streets clean and potholes filled. It would pay a year’s salary for every police officer patrolling Boston’s streets.
“You could make the case that the Seaport has become a cash cow for the rest of the city,” said Larry DiCara, a former City Council member.
That cash cow, however, is increasingly at risk. Rising seas threaten to reclaim those old mud flats, and, together with more frequent and severe storms, could swamp the neighborhood that has risen atop them. In all, 99 percent of what’s been built in the Seaport in the last quarter-century is at risk of flooding by 2050, according to a recent analysis from the Metropolitan Area Planning Council.
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