EAST PROVIDENCE – A public hearing will be held Oct. 1 on the city’s proposed $167.8 million budget for fiscal 2014, which calls for a 1 percent tax rate increase.
The hearing on the budget will be held at 7:30 p.m. at City Hall, 145 Taunton Ave.
According to City Manager Peter Graczykowski, the proposed budget comports with the city’s policies and addresses the city’s budget plan as related to the five-year fiscal stability plan constraints adopted by the East Providence Budget Board.
The two most significant changes between the proposed budget and the current budget are the consolidation of several city departments and divisions and realignment of compensation for non-unionized personnel.
The budget also includes a proposed $500,000 allocation for capital improvements, including upgrades for the fire alarm system, city street resurfacing, Silver Spring basketball court, and playground renovation and public works equipment.
In a brief budget presentation last week, Finance Director Malcolm Moore said the proposed budget shows a 1 percent decrease in the city’s Homestead Exemption.
The new rate will be 13 percent.
Meanwhile, School Superintendent Kim Mercer Monday presented a preliminary Fiscal Year 2013-14 school budget to the School Committee. Mercer’s proposed $72,858,459 spending plan includes a $75,000 provision to bring back sports to the district’s two middle schools.