Tag: Providence Finance Committee
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...
Tax stabilization agreement for Providence housing project advances
PROVIDENCE – The city finance committee approved a proposed tax stabilization agreement for the property at 136 Westminster St., which if finalized by the...
Tax deal for proposed 71-unit apartment complex in Providence advances
PROVIDENCE – The City Council on Thursday unanimously forwarded the proposed 10-year tax stabilization deal for the developer building a 71-unit apartment complex in...
Smiley unveils $132M capital plan for city
PROVIDENCE – Mayor Brett P. Smiley on Tuesday released his fiscal 2024 capital improvement plan, an annual document outlining investments to city infrastructure.
The $132...
City officials mull grants to PVDFest vendors
PROVIDENCE – The City Council on Thursday unanimously approved a motion to move a request to the Finance Committee that could give $500 grants...
Providence City Council taps study commission to mull ‘alternative revenue...
PROVIDENCE – The City Council on Thursday unanimously approved a nine–member commission to study the municipal tax system and make recommendations on ways to...
Providence mayor touts new tax agreements with city’s major universities
PROVIDENCE – Mayor Brett P. Smiley on Tuesday announced his administration has reached tentative payment-in-lieu-of-taxes deals with the four private higher education institutions based...
Developer ditches proposal for downtown Providence hotel, wants apartments instead
PROVIDENCE – The hotel part of the “Hotel Hive” project planned for downtown Providence is off the table.
In its place, the developer wants to...