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Providence council asks General Assembly for one-year exemption to 4% levy cap, sets 8% ceiling
Summary
On March 20 the Providence City Council voted to ask the Rhode Island General Assembly for a one-year exemption to exceed the 4% property tax levy cap, approving an amended resolution that sets an 8% ceiling and directs collaboration on the FY2026 budget.
The Providence City Council voted March 20 to ask the Rhode Island General Assembly for a one-year exemption to allow the city to exceed the 4% property tax levy cap, approving an amended resolution that includes a maximum ceiling of 8%.
Councilwoman Ryan, who introduced the resolution, said the measure "does still ask the general assembly to allow us a 1 year exemption to go over the 4% cap," and described the vote as a tool to give the city flexibility during budget season while the council and administration search…
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