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THE GREATER PROVIDENCE CHAMBER OF COMMERCE says it supports the recommendation by the city's Special Commission for Taxation and Revenue to lower the commercial property tax rate incrementally over five years despite there being no clear indication of the effect it might have on residential property taxes. / PBN FILE PHOTO/CHRIS BERGENHEIM

5-year proposal to lower Providence’s commercial property tax lauded

A special commission's recommendations that the city of Providence revamp its tax structure and lower its "punishing" commercial property tax rate over five years...
PROVIDENCE RANKED fifth in the nation among large cities for its reliance on commercial property taxes to supply general revenue.

Study – Providence No. 5 for commercial property taxes

PROVIDENCE – Providence has the fifth-highest commercial property tax rate in the nation according to a Lincoln Institute report on state property taxes released...
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