$ 539 million budget wins switch to Providence for fiscal year 2022
PROVIDENCE – City council gave final approval to Providence’s budget on Thursday night, unanimously passing a $ 539 million spending plan for the new fiscal year that began July 1.
The new budget does not increase property taxes and incorporates $ 42 million in assistance the city received through the American Rescue Plan Act, according to city council chairman John J. Igliozzi.
The board went through the spending package without discussion, counting the votes for the second time.
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The mandate approved by council asks the City to collect up to $ 369,145,895 in taxes and at least $ 352,212,255 during the fiscal year that began on July 1.
The second council vote also established tax rates of: $ 24.56 per $ 1,000 of assessed value for residential properties; $ 36.70 for commercial and industrial property; and $ 55.80 for tangible personal property.
The board also adopted a rate of $ 30 per $ 1,000 of assessed value for motor vehicle excise tax during the fiscal year ending June 30, 2022.
The spending program allows for more hires in the Public Property Department and a new wave of recruitment by the Police Department.
The spending program also supports an expansion of diversion efforts and the creation of anti-violence programs.
âSpeak with the residents,â Igliozzi said in a press release. “Many have said they are concerned about an increase in crime and support smart investments in our policing department, as well as substantive reforms to address community concerns about certain policing practices.”
He also uses American Rescue money to pay for night basketball, youth recreation center programs, free Internet access in some large parks. The aid flow will also go to a sewer repair fund and a $ 7 million small business relief fund.
The budget too creates a new Department of Equity and Inclusion.
The succession of votes Wednesday and Thursday followed months of meetings and hearings.
In other areas, the council considered a draft resolution that would set out the city’s opposition to an energy company’s proposal to expand its liquid propane gas processing facilities in the city’s port area. .
The company, Sea 3 Providence, has decided to import LPG by rail and store an additional 450,000 gallons of LPG at its site, the resolution says.
He says an accident involving train cars “filled with highly combustible gas” could have “devastating impacts” on the people of South Providence.
Sea 3’s petition is before the State Energy Facilities Board. Some panel members pushed for an immediate vote.