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<br /> Exhibit 1
<br /> Lexington(Town of)MA
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<br /> Economy
<br /> Resident income ratio(%) 270.0% Z54.Z% 267.7% Z45.2% 173.0%
<br /> Full Value($000) $12,008,479 $12,008,479 $13,471,182 $13,471,182 $8,668,233
<br /> Population 33,340 33,304 34,235 34,221 35,992
<br /> Full value per capita($) $360,182 $360,572 $393,492 $393,652 $225,444
<br /> Annual Growth in Real GDP 3.6% -1.5% 7.0% Z.3% N/A
<br /> Financial Performance
<br /> Revenue($000) $Z90,393 $304,853 $314,265 $333,715 $101,177
<br /> Available fund balance($000) $109,936 $116,Z30 $115,57Z $1Z4,727 $58,570
<br /> Net unrestricted cash($000) $185,652 $171,Z68 $166,069 $189,Z17 $8Z,803
<br /> Available fund balance ratio(%) 37.9% 38.1% 36.8% 37.4% 61.7%
<br /> Liquidity ratio(%) 63.9% 56.2% 52.8% 56.7% 88.4%
<br /> Leverage
<br /> Debt($000) $219,Z06 $238,964 $217,687 $214,029 $71,733
<br /> Adjusted net pension liabilities($000) $124,707 $155,597 $207,877 $184,079 $120,941
<br /> Adjusted net OPEB liabilities($000) $213,653 $266,565 $293,285 $247,891 $14,374
<br /> Other long-term liabilities($000) $1,730 $Z,272 $2,341 $Z,1Z1 $3,750
<br /> Long-term liabilities ratio(%) 19Z.6% Z17.6% 229.5% 194.Z% 263.Z%
<br /> Fixed costs
<br /> Implied debt service($000) $14,239 $15,98Z $17,113 $15,Z69 $4,989
<br /> Pension tread water contribution($000) $1,516 N/A $3,7Z8 N/A $3,389
<br /> OPEB contributions($000) $8,103 $8,4Z7 $8,884 $10,613 $5Z3
<br /> Implied cost of other long-term liabilities($000) $114 $1Z6 $163 $164 $Z45
<br /> Fixed-costs ratio(%) 8.3% 8.5% 9.5% 8.9% 11.6%
<br /> For definitions of the metrics in the table above please refer to the_�_�.._�ii..�.ii�s.._�_i��'..._�c��i�.�ii_�_s..._II�_�.�I�a����c� or see the Glossary in the Appendix below.Metrics represented as N/A indicate the
<br /> data were not available at the time of publication.The medians come from our most recently published_�U_�..._�ii..�.ii�s..._�.ir�_�..._��_�u_i�.�ii_�_s....11�_��.ii�.ir�....lf��.���.
<br /> The real GDP annual growth metric cited above is for the Boston-Cambridge-Newton,MA-NH Metropolitan Statistical Area[issuer specific]Metropolitan Statistical Area.
<br /> Sources:US Census Bureau,Lexington(Town of)MA's financial statements and Moody's Investors Service,US Bureau of Economic Analysis
<br /> ��III� "�IIII
<br /> Located in Middlesex County,the Town of Lexington is a wealthy suburb 11 miles northwest of the City of Boston (Aaa stable).The
<br /> town has an estimated population of 34,221.
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<br /> Lexington's local economy is expected to continue growing given its strong residential market and ongoing demand for commercial and
<br /> industrial space, primarily related to life science and biotech industries.The town additionally benefits from its proximity to Boston.The
<br /> local economy is part of the strong greater Boston MSA with a 2.3%growth rate(Boston MSA five-year CAGR of real GDP compared
<br /> to the US GDP growth rate).
<br /> The town's economic development plans remain focused on rezoning initiatives for higher density areas and to continue to focus on
<br /> providing laboratory and manufacturing space to support life science, biotech and pharmaceutical industries.As part of the.If�._�u._�..�_ii..::::.�.
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<br /> density mixed use housing projects.The town's top ten largest taxpayers collectively equal 8.75%of 2023's full value;the largest
<br /> taxpayer,::::�::::�:._c.�_�'_�....._I{�.._h�._a..ir.ir�_�_�_�._u�_:�_ii._�:.�_�....._�.�.r�_ir�..��ir�y Il.....�iiir���ii��:��' (Baa1 stable), represents only 2.2%.Takeda is also a top employer and is currently
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