Providence mayor announces $9.5M surplus

MAYOR JORGE O. Elorza on Monday announced a year-end operating surplus of $5.14 million, which will be used to pay down the city’s multimillion dollar structural deficit.  / PBN FILE PHOTO/STEPHANIE ALVAREZ EWENS
MAYOR JORGE O. Elorza on Monday announced a year-end operating surplus of $5.14 million, which will be used to pay down the city’s multimillion dollar structural deficit. / PBN FILE PHOTO/STEPHANIE ALVAREZ EWENS
PROVIDENCE – Mayor Jorge O. Elorza on Monday announced a year-end operating surplus of $9.5 million, which will be used to pay down the city’s multimillion dollar structural deficit. The surplus, which the city says is the biggest the city has reported in more than two decades, was realized thanks largely to a $3.77 million…

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