Providence council backs off tiered homestead, announces plan for single tax rate

THE PROVIDENCE CITY COUNCIL said it will introduce a single property tax rate. / PBN PHOTO CHRIS BERGENHEIM.
THE PROVIDENCE CITY COUNCIL said it will introduce a single property tax rate. / PBN PHOTO CHRIS BERGENHEIM.
PROVIDENCE – The city will not gain legislative authority to alter its property tax rate structure this year and City Council leaders have announced they’re now proposing to introduce a single tax rate including a homestead exemption for all city residents. The city now has two residential tax rates – one for landlords who lease…

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