Welcome! Login | Register
 

FBI Files - The Patriarca Papers - Entry 43 (Patriarca on Blacks, Jews and Education)—FBI Files - The Patriarca Papers - Entry…

Cheat Sheet 43, FBI Files: Nazis, Dean Martin, Frank Sinatra, and Civil Rights—Cheat Sheet 43, FBI Files: Nazis, Dean Martin,…

Moore: Cynicism Dominates RI Politics—Moore: Cynicism Dominates RI Politics

Rescuing Providence: Part 3 - 1615 Hours Through Epilogue, a Book by Michael Morse—Rescuing Providence: Part 3 - 1615 Hours Through…

Smart Benefits: EEOC Issues New Rule on Wellness Plans—Smart Benefits: EEOC Issues New Rule on Wellness…

College Admissions: 6 Last-Minute Summer Ideas for HS Students—Summer vacation is just around the corner, and…

“The Sunday Political Brunch” - May 29—"The Sunday Political Brunch" - May 29

25 Ways to Celebrate Veterans in RI & New England—25 Ways to Celebrate Veterans in RI &…

Brown Lacrosse Falls 15-14 to Maryland in OT Thriller—Brown Lacrosse Falls 15-14 to Maryland in OT…

Leonard Moorehead, the Urban Gardener: Classic Geraniums—Leonard Moorehead, the Urban Gardener: Classic Geraniums

 
 

BREAKING: City Council Grants Final Approval to Providence Budget

Monday, July 18, 2011

 

The Providence City Council has just granted final approval to the $613.8 million budget for the new fiscal year.

The vote brings to an end a months-long drama over how the city would close an estimated $110 million deficit.

“This budget makes significant progress on repairing Providence’s finances,” said Council President Michael A. Solomon. “Since news of the City’s $110 million structural deficit broke in February, the Council has worked with the Administration to close the shortfall. This budget is the product of due diligence, tough decisions and an unprecedented level of collaboration between the City Council and the Administration.”

City council members praised the budget for implementing $24 million in total cuts and avoiding one-time fixes

“This budget is honest and responsible. It does not rely on financial gimmicks or one-time fixes,” said Majority Leader Seth Yurdin. “By passing this budget tonight, the Council has improved the long-term stability and economic viability of Providence.”

DEVELOPING…..

If you valued this article, please LIKE GoLocalProv.com on Facebook by clicking HERE.
 

 

Enjoy this post? Share it with others.

 
 
:!