PROVIDENCE, R.I. – The Providence City Council is slated to take a preliminary vote this evening on a new $638 million budget.
Mayor Angel Taveras says the city is poised to end an unprecedented situation in which it has operated for months without a budget. Two votes are necessary to approve the spending plan, and the second is expected later this month.
A recently completed audit found that the city's liabilities for the fiscal year ending last June 13 exceeded its assets by $20 million.
PROVIDENCE, R.I. – Former Providence Mayor David Cicilline is defending the near depletion of the city's reserve fund, saying he had to make tough choices.
A new audit finds during the last fiscal year, the reserve fund went from $17.3 million to $3.4 million.
Last October the city auditor warned about a draining fund. At the time Cicilline's office claimed the warning was political. Cicilline now says he tapped into the rainy day fund because it was raining.
PROVIDENCE, R.I. – I was born in Central Falls - at a time when Broad and Dexter streets were booming with small businesses, churches on Sundays were over-crowded and neighborhood social clubs were choice venues for weddings, celebrations and community events. It was a thriving, spirited and engaged community.