PROVIDENCE, R.I. – Despite the cold weather more than 300 people gathered outside City Hall to watch the swearing in of Angel Taveras as the 37th mayor of Providence. He took the oath of office with his mother and sister holding the family Bible.
In his inaugural address Taveras candidly acknowledged the city's financial challenges and called for shared sacrifices. Noting that the city is operating without an approved budget and has an $800 million unfunded pension liability, the new mayor called on all stakeholders to help solve the city's financial problems.
"To weather this storm we must recognize that our fiscal situation is unsustainable," says Taveras. "We must, once and for all, eliminate the structural deficit that year after year burdens our budget."
Taveras, a Domincan American, is the first Providence mayor of Hispanic origin. A product of the city's schools who was raised by a single mother, he went on to graduate from Harvard and won the mayoral election with 82 percent of the vote.
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