Tag: budget surplus
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 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...
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...