Updated May 27 at 7:27pm

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This Week’s Poll

Will Providence declare bankruptcy before the fiscal year is over?

Posted:

While Providence Mayor Angel Taveras was able to announce a tentative agreement with Johnson & Wales University last week for increased payments in lieu of taxes, the city’s financial picture is far from rosy.

In fact, the mayor said there was still about a $20 million deficit for the fiscal year, and at the moment, no tools to fix it. Will Providence go the way of Central Falls and declare bankruptcy?

angel taveras, providence, deficit, johnson & wales university, central falls, bankruptcy

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