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Audit: Providence ends FY22 with $827K surplus, $40M pension investment loss

PROVIDENCE – The city ended fiscal year 2022 with an $827,00 surplus, according to a recently published audit by accounting firm CliftonLarsenAllen LLP. The surplus...

Providence ends FY 21 with $3.7M surplus

PROVIDENCE – The capital city ended fiscal 2021 $3.7 million in the black, Mayor Jorge O. Elorza announced on Monday. The year-end audit results also...

State controller: FY 21 budget year ends $51M above expected surplus

PROVIDENCE – Higher income and sales tax revenue combined with federal emergency management reimbursements boosted the state’s fiscal 2021 surplus to $332 million as...
PROVIDENCE IS PROJECTING an $8.5 million operating surplus for fiscal 2019, pending a third party audit. / PBN FILE PHOTO/CHRIS BERGENHEIM

Providence expects $8.5M operating surplus for FY19

PROVIDENCE – The city is expecting an $8.5 million operating surplus for fiscal 2019, pending an external audit, Mayor Jorge O. Elorza said on...

Pawtucket achieves budget surplus for sixth year in a row

PAWTUCKET – The city has achieved a budget surplus for the sixth year in a row, it announced on Feb. 5. According to an independent...
MAYOR JORGE O. ELORZA first took office in 2014. / PBN FILE PHOTO/STEPHANIE ALVAREZ EWENS

Providence reports $10.2M operating surplus for FY17

PROVIDENCE – The city has reported its second consecutive operating surplus, a $10.2 million amount that will allow it to create a true rainy...
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