Learn about Town of Barnstable, including Featured News, Key Projects, and The Team.
Centrally located in the heart of the Cape Cod peninsula, the Town of Barnstable is the region’s ‘Hub’ for commerce, transportation, healthcare and education.
Home to the Cape’s airport, the Regional Transportation Center for bus and rail travel, plus two ferry terminals, Barnstable truly is the gateway to all of Cape Cod and the islands of Nantucket and Martha’s Vineyard.
Established in 1639, historic Barnstable is surrounded by the waters of Cape Cod Bay to the north and Nantucket Sound to the South, and is comprised of seven villages: Barnstable, Centerville, Cotuit, Hyannis, Marstons Mills, Osterville, and West Barnstable, each with unique cultural and historical qualities.
Barnstable offers a plethora of rich natural resources: host to 15 beaches, working and scenic harbors, conservation lands, biking/hiking trails, two municipal golf course, fishing and shellfishing, fresh water ponds and streams, historic properties and landmarks. For locals and visitors alike, wherever you turn you are surrounded by a quality of life unmatched by any other.
Barnstable has both the Cape’s largest year-round (45,000) and a summer seasonal population (150,000). It is also within close proximity to Boston, Massachusetts and Providence, Rhode Island (1 hour); Hartford, Connecticut (2 hours); New York (4 hours) and easy driving distance for the entire Northeast Corridor. Vehicle traffic over the bridges in the summer averages over 125,000 cars per day.
The village of Hyannis is the center of commercial activity not only for the Town of Barnstable but for the entire Cape region. The Cape’s only major enclosed mall is located in Hyannis along with a large number of national chain stores and restaurants. Alternatively, downtown Hyannis offers an ambiance well suited to unique locally-owned specialty shops, artist galleries, restaurants and bistros. Cape Cod Hospital is also located in Hyannis and Cape Cod Health Care is the largest employer in the town and region.
This ambiance is also found in the other village centers of Barnstable as well. While smaller in scale than Hyannis, they feature a quaint, historic, seaside charm that is prevalent in this area.
(BARNSTABLE, MA – March 3, 2022) The Town of Barnstable’s Treasurer Debra
Blanchette announced that the Town received competitive bids from bond underwriters on Tuesday, March 1, 2022, for a $11,475,000, 20-year general obligation bond issue. Piper Sandler & Co. was the winning bidder on the Bonds with an average interest rate of 2.13%. The Town received a total of seven (7) bids on the Bonds. Bond proceeds will be used to finance various municipal projects.
Prior to the sale, S&P Global Ratings, a municipal bond credit rating agency, affirmed the Town’s ‘AAA’ bond rating, the highest rating attainable. The rating agency cited the Town’s strong wealth and income indicators, comprehensive set of formalized financial policies and practices, history of strong financial performance with maintenance of very strong reserves, low overall debt and contingent liability profile, and strong institutional framework as positive credit factors.
The bids for the Bonds were accepted at the offices of the Town’s Financial Advisor,
Hilltop Securities Inc., at 54 Canal Street in Boston, Massachusetts.
Debra Blanchette, Town Treasurer, announced that the Town received competitive bids from bond underwriters on Wednesday, March 10, 2021, for a $12,695,000, 20-year general obligation bond issue. Morgan Stanley & Co., LLC was the winning bidder on the Bonds with an average interest rate of 1.33%. The Town received a total of 10 bids on the Bonds. Bond proceeds will be used to finance various municipal projects and, together with available funds of the Town, refinance bonds of the Town originally issued June 15, 2010 and June 14, 2011. The refinancing will generate gross budgetary savings of $1,071,079 over the remaining life of the bonds refunded.
Prior to the sale, S&P Global Ratings, a municipal bond credit rating agency, affirmed the Town’s ‘AAA’ bond rating, the highest rating attainable. The rating agency cited the Town’s very strong economy, very strong management with strong financial policies and practices, strong budgetary performance, very strong budgetary flexibility, very strong liquidity, strong debt and contingent liability profile, and strong institutional framework as positive credit factors.
The bids for the Bonds were accepted at the offices of the Town’s Financial Advisor, Hilltop Securities Inc., at 54 Canal Street in Boston, Massachusetts.
(BARNSTABLE, MA) Debra Blanchette, Town Treasurer, announced that the Town of Barnstable received competitive bids from bond underwriters on Tuesday, February 9, 2021, for a $2,745,000, 15-year taxable bond issue. Robert W. Baird & Co., Inc. was the winning bidder on the Bonds with an average interest rate of 1.20%. The Town received a total of five (5) bids on the Bonds. Bond proceeds will be used to finance private roadway improvements.
Prior to the sale, S&P Global Ratings, a municipal bond credit rating agency, affirmed the Town’s ‘AAA’ bond rating, the highest rating attainable. The rating agency cited the Town’s very strong economy, very strong management with strong financial policies and practices, strong budgetary performance, very strong budgetary flexibility, very strong liquidity, strong debt and contingent liability profile, and strong institutional framework as positive credit factors.
The bids for the Bonds were accepted at the offices of the Town’s Financial Advisor, Hilltop Securities Inc., at 54 Canal Street in Boston, Massachusetts.
