Monday, April 25, 2016

WPRI: 12 ways Providence could solve its money problems?

Is there anything really new?

PROVIDENCE, R.I. (WPRI) – Providence should consider implementing new taxes, selling assets and closing fire stations as part of its effort to reduce a projected structural deficit that could balloon to $37 million over the next decade, according to a study released Monday by the Elorza administration.

The study, conducted by the National Resources Network (NRN), offers dozens of possible solutions for solving the city’s budgetary challenges, but administration officials have been mum on which options they’ll choose. The mayor is expected to unveil his proposed budget for the fiscal year that begins July 1 Wednesday night.
The 12 suggestions

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