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Providence Council OKs request to state for one-year cap exemption, sets 8% ceiling
Summary
The Providence City Council voted to ask the Rhode Island General Assembly for a one-year exemption to exceed the 4% levy cap, with the request amended to set a maximum 8% ceiling; council members emphasized collaboration and future review as budget work continues.
The Providence City Council voted on March 20 to ask the Rhode Island General Assembly for a one-year exemption that would allow the city to exceed the statutory 4% property tax levy cap, amending the request to include a maximum ceiling of 8%.
Councilwoman Carmen Ryan, who introduced the measure, said the resolution asks the General Assembly for a temporary exemption and “institutes a maximum, a ceiling, if you will, of 8%.” She described the request as a tool for the mayor and council to use while…
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