Tag: Lawrence Mancini
Prospect of budget deficits reemerges in Providence after years of surpluses
PROVIDENCE – Like its Statehouse counterparts on Smith Hill, after years of surpluses city officials are being confronted with the prospect of future operating...
Smiley administration to launch ‘parent permit’ program to streamline housing development
PROVIDENCE – Mayor Brett P. Smiley’s administration is making another change to the development review process for new residential construction it says will increase...
Smiley proposes $585.8M fiscal 2024 budget to get city ‘back on...
PROVIDENCE – Citing a need to prepare the city for a future beyond supplementing city services with one-time federal dollars, Mayor Brett P. Smiley...
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 tourism district backed by key city panel
PROVIDENCE – The city finance committee on Monday unanimously supported creation of a Providence Tourism Improvement District to generate additional revenue to boost the...
‘Superman’ building deal would cut $29M from tax bill
PROVIDENCE – Developers planning to redevelop the city’s tallest skyscraper could save $29 million in property taxes over the next 30 years.
The proposed tax...
Elorza proposes tax cuts to offset higher property values as part...
PROVIDENCE – As property values soar under a recent city revaluation, Mayor Jorge O. Elorza wants to slash tax rates for the fiscal year...
Providence City Council approves proposed firefighters contract
PROVIDENCE – City firefighters would get 4% annual raises in exchange for doubling their contributions toward the city pension fund under a proposed five-year...
Elorza unveils pension reform plan through $700M bond
PROVIDENCE – The city of Providence is asking the state to let it borrow up to $704 million to aid its beleaguered pension fund,...
Elorza unveils $540M FY22 budget with level taxes
PROVIDENCE - Mayor Jorge O. Elorza on Tuesday announced a nearly $540 million city spending plan with level taxes for fiscal 2022, a 5.7%...
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