FY2026-2027 city budget with no tax increase
Summary
Seven budget ordinances covering next year's property taxes, a $624.8 million spending plan, employee pay, staffing, and the capital plan were all sent to the new Ways and Means committee. Your property tax rates and city services hang on what this committee does next.
At a glance
- Total mentions
- 10
- Last 30 days
- 0
Last discussed Jun 15, 2026.
Impact analysis
The tax levy ordinance would collect between $419.4 million and $436.2 million, setting property tax rates for FY2026-2027.
Residents and businesses will see how the new committee shapes tax rates and city services for the coming year.
Landlords and commercial property owners face higher rates, which could be passed on to renters.
Mentions & discussions (10)
City Council - Special Meeting — June 15, 2026
Providence's roughly $635 million budget and the tax rates that fund it cleared first reading unanimously, with no tax increase this year. Owner-occupied single-family homes face a rate of $8.40 per $1,000 of assessed value, and the package includes $1 million for rental relief, library and rec center investments, and a new veterans/seniors position.
Special Committee on Ways and Means - Regular Meeting — June 10, 2026
The certified levy dropped about $500K from last year, mostly because of a tangible personal property tax case. Rates stay at $14.60/$1,000 non-owner-occupied residential and $8.40 owner-occupied, with new classes for 6-10 unit and 10+ unit buildings at $26.00 and $28.50.
Special Committee on Ways and Means - Public Hearing — June 8, 2026
The committee heard testimony on the tax ordinance setting rates for FY2026-2027 and the $624.8 million appropriation. Property owners will see these rates on bills due starting July 24; final adoption comes after Wednesday's amendment session.
Special Committee on Ways and Means - Regular Meeting — May 27, 2026
The committee took up the full FY2027 package: a tax levy of $419.4M–$436.2M, a $624.8M spending plan, pay plan and staffing levels. Everything was continued, so final tax rates and spending are still undecided. This is the document that sets what you pay in property taxes next year.
Special Committee on Ways and Means - Regular Meeting — May 26, 2026
The ordinance would set next year's tax collection between $419.4M and $436.2M, with owner-occupied residential rates at $8.40 per $1,000 and commercial at $29.20. Nothing was decided — the item was continued.
Special Committee on Ways and Means - Regular Meeting — May 20, 2026
The proposed ordinance would let the city collect between $419.4 million and $436.2 million in taxes and sets new rates, including $8.40 per $1,000 for owner-occupied homes and $29.20 for commercial property. It also updates exemptions for veterans, seniors, disabled residents, and blind persons. It was continued, so nothing is final yet.
Special Committee on Ways and Means - Regular Meeting — May 5, 2026
The proposed ordinance would collect between $419.4 million and $436.2 million in taxes and set rates including $14.60 per $1,000 for non-owner-occupied single-family homes and $8.40 for owner-occupied homes. It was continued, so no rates are final yet.
Special Committee on Ways and Means - Public Hearing — May 4, 2026
The proposed tax ordinance would raise between $419.4M and $436.2M and sets FY2026-27 rates, including $8.40 per $1,000 for owner-occupied single-family homes and $29.20 for commercial property. This directly shapes what Providence homeowners and businesses pay next year.
City Council - Special Meeting — April 20, 2026
Seven budget ordinances covering next year's property taxes, a $624.8 million spending plan, employee pay, staffing, and the capital plan were all sent to the new Ways and Means committee. Your property tax rates and city services hang on what this committee does next.
City Council - Special Meeting — April 15, 2026
Mayor Smiley proposed a balanced budget that doesn't raise property taxes or fines, despite losing ARPA funds and federal grants. The catch: the city cut operating costs to get there, and the council hasn't voted yet — budget ordinances were tabled for later review.
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