Mayor Elorza Signs Fiscal Year 2021 Budget

$511 Million Budget Keeps Providence on a Path to Rebuild Through COVID-19 Pandemic; Does Not Raise Taxes on Residents or Businesses

PROVIDENCE, RI – Mayor Jorge Elorza today, joined by Providence Council President John Igliozzi (Ward 7) and Council Pro Tempore Pedro Espinal (Ward 10), signed a $511 million budget for Fiscal Year 2021 that utilizes strong fiscal management, invests in a new approach to public safety response including a Community Relations and Diversion Services Major position within the Providence Police Department as well as the beginning stages of a behavioral health and social service diversion program and puts the city on a path toward rebuilding through the COVID-19 pandemic.

“This budget is a result of our continued strong fiscal management and our commitment to build a better, brighter future for Providence while not raising taxes on struggling residents or commercial properties,” said Mayor Elorza. “As we continue to reopen and rebuild as a City, I am grateful for the partnership and commitment of the Providence City Council to help residents and businesses recover through this pandemic.”

Last Thursday, the Providence City Council approved the FY2021 budget.

“The obstacles that our City and our nation have faced in the past year have left many families, businesses and municipalities in a place of financial uncertainty, said Council President John Igliozzi. “We have worked hard to create a budget that will ensure sustainable economic growth in our City for residents, business owners and City operations. I look forward to continuing to work with my colleagues in government to keep propelling our City forward.”

With the Mayor’s signature, the budget will be enacted and take effect for the remainder of Fiscal Year 2021 through June 30, 2021.