Providence Mayor Jorge Elorza is slated to deliver his first budget address Wednesday. The capital city is facing a sizeable deficit.
The budget hole could be as large as $23 million. That’s a lot less than the deficit former Mayor Angel Taveras called a fiscal hurricane, but it’s still a significant gap to fill.
Mayor Jorge Elorza has pledged to cultivate broad-based economic growth, while holding the line against tax increases. Complicating the outlook is the fact that Providence needs to negotiate new contracts for teachers and municipal workers.