Cranston Mayor Allan Fung has submitted a new budget proposal with no tax increases. Fung says Cranston has stabilized city finances with help from public safety contract concessions and careful spending. He points to the growth of businesses like the Alex and Ani jewelry company as proof that Cranston is now seeing an economic expansion.
"The city of Cranston is not only stable from the initiatives we have put into place these last four years, but now we are experiencing real growth," Fung says.
Fung's budget calls for a small increase in funding for public schools and no new property taxes. The City Council will now review the budget and may suggest some changes.