Providence Mayor Angel Taveras addressed the residents of Providence, lawmakers and members of the press during a media conference in his office earlier today on the difficult fiscal situation Providence faces. During his remarks, Mayor Taveras warned that without additional sacrifice from the City’s large tax-exempt institutions and retirees, Providence will be pushed closer to the brink.
Mayor Taveras urged Providence residents, business leaders and policy makers to call on the City’s tax-exempts and retirees to share in the City’s sacrifice. He directed residents to visit SavingProvidence.com to join the administration’s efforts to weather the current fiscal crisis.
“As a city, we no longer have the ability to sustain these benefits. It must stop now,” Mayor Taveras said.
Go here to watch video of the press conference and for the text of the Mayor’s statement. The Mayor announced plans to host a town hall meeting with Providence retirees on Saturday, March 3rd.