Providence Mayor Brett Smiley signed the city's fiscal 2024 budget today.
The 583-million-dollar plan goes into effect this Saturday, July first.
“The budget received broad support on Council because it is a fiscally responsible budget that achieves savings for our residents without sacrificing quality of life city services. The Council listened to our neighbors hit hard by steep home revaluations and significantly lowered proposed property tax increases,” said Council President Rachel Miller. “The FY24 budget lays the groundwork for strong PILOT agreements with our tax-exempt institutions, freezing non-essential hiring until we have signed agreements. I thank Mayor Smiley and his team for their open collaboration in the process. A special thank you to the Council Finance Committee and Chair Helen Anthony, who spent many late nights examining department budgets and asking thorough questions to save taxpayers money.”
Smiley said he's proud the budget will help prepare the city for the future.
He said it is focused on issues of importance to residents and businesses.
(Photo Credit: Providence Mayor's Office)