Welcome! Login | Register
 

EXCLUSIVE: Feroce Looks at GOP Run for Governor in 2018—EXCLUSIVE: Feroce Looks at GOP Run for Governor…

ABC6’s “In the Arena” Turns Into a Verbal Brawl Over Achievement First and Providence Schools—ABC6's "In the Arena" Turns Into a Verbal…

“The Sunday Political Brunch”—December 11, 2016—“The Sunday Political Brunch” -- December 11, 2016

Top RI Comedian, Former Rhode Show Host Arrested on Cocaine Charges—Top RI Comedian, Former Rhode Show Host Arrested…

PC Holds On to Beat UMass 75-69 for 4th Straight Win—PC Holds On to Beat UMass 75-69 for…

25 Things You Must Do in New England This Winter—25 Things You Must Do in New England…

What to Watch For: Ravens vs. Patriots—What to Watch For: Ravens vs. Patriots

Matthews’ 31 Points Not Enough, URI Falls to Houston 82-77—Matthews' 31 Points Not Enough, URI Falls to…

ACLU Sues Rhode Island Over UHIP Food Stamp Delays—ACLU Sues State Over UHIP Food Stamp Delays

PC Basketball Goes for 4th Straight Win on Saturday Against UMass—PC Basketball Goes for 4th Straight Win on…

 
 

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.

 

X

Stay Connected — Free
Daily Email
 
:!