Welcome! Login | Register
 

Russ Moore: Sorry Raimondo, Summits Won’t Fix Our Economy—Russ Moore: Sorry Raimondo, Summits Won't Fix Our…

Dr. Downtown, David Brussat: Hard to Out-Edge Providence—Last month, Travel + Leisure ranked Providence No.…

PODCAST: Brown Grads Dominating Business in the United States—PODCAST: Brown Grads Dominating Business in the United…

Pats Escape New York With 17-16 Win—Patriots Win in New York, Clinch first round…

Smart Benefits: CMS Issues Proposed Rule on Definition of Spouse—This month, the Centers for Medicare and Medicaid…

Small Biz in A Digital Age: Cross-Promoting—The world of business is moving faster --…

Starks Jumper with 1.3 Seconds Left Lifts Bryant Over Denver, 48-46—Starks lifts Bryant over Denver, 48-46

RI Health Department Releases 10 Food Safety Tips for the Holidays—The Rhode Island Health Department (HEALTH) has released…

Sky Chiefs Bounce Back, Roll Spirit 119-109—Sky Chiefs bounce back with 119-109 win over…

25 Great Last Minute Local Gifts in RI—Still haven’t finished your Christmas shopping? Check out…

 
 

RI Favorites – Providence Budget Crisis

Tuesday, December 28, 2010

 

Our report that there was “no question” the city of Providence would “run out of money,” rocked the political world mere weeks before the election. Providence residents found out that the city had nearly depleted its cash reserves, was reportedly having trouble making pension payments, and had already spent most of the money it had borrowed to cover its budget deficit. It came as a bit of a surprise to many people that the city may not have been well-managed during the Cicilline years and underscored the severity of the fiscal problems that communities around the state—most notably Central Falls—are facing.

Providence Mayor David Cicilline went on to win the Congressional race handily, but voters certainly had a much more complete and well-rounded picture of the job he had done as mayor. Beyond the election, the report set the stage for Mayor-elect Angel Taveras, who made fiscal responsibility and budget restraint dominant themes of his transition to power.

A series of other reports on questionable spending in the city budget followed, including reports that Providence fire chiefs had earned $400,000 in unauthorized benefits and that the Fire Department had racked up nearly $9 million in overtime costs—an increase of $1 million in a two-year period. GoLocalProv also broke the story that two fire chiefs had taken demotions in order to receiver more generous retirement benefits—the outrage this story sparked and the immediate intervention of Taveras points to the impact our reporting on the city’s fiscal crisis has had on public opinion and debate.
 

 

Related Articles

 

Enjoy this post? Share it with others.

 
 
:)