At the annual city budget address last night, Mayor Angel Taveras presented the Providence City Council with a $638.4 million budget proposal that prioritizes education, economic development and public safety. Taveras reiterated his calls for municipal pension reform and increased contributions from the city’s nonprofits. Though a deal between Providence and the University has yet to be reached, parts of the budget rely on the outcome of the negotiations.
Taveras’ presented a $683.4 million budget that holds spending level and invests $7 million in the city’s rainy day fund.
Mayor Angel Taveras is proposing a $638.4 million budget for the coming year that he says will move Providence forward without increasing taxes.
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