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Finance committee approves $366,375 year-end transfers to balance departmental accounts
Summary
The Providence City Council Finance Committee approved a $366,375 transfer to cover shortfalls and balance departmental accounts; committee members questioned recurring overtime projections for police and fire.
The PVD City Council Finance Committee on July 31 approved a transfer of $366,375 from various departmental accounts to cover year-end shortfalls and balance the city’s fiscal year accounts. Councilor Gould moved the measure and the committee passed it by roll call vote, 5-0.
Committee members said the transfer is part of an annual end-of-year balancing process. A city staff member, Gingras, told the committee the transfers are routine: in May the city projects…
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