Mayor Taveras: Providence is facing bankruptcy

  • Source: The Examiner.com-Providence
  • Published: 02/02/2012 12:36 PM

Taveras alleged that the lack of concessions made by tax-exempt groups has created a $7.1 million budget gap. Taveras went on to say: "My message to the tax-exempts is clear. "You cannot be successful in a failed city." Taveras argued that Providence taxpayers, police, firefighters and school teachers have all made compromised and it is time for tax-exempt groups to follow suit.



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