Updated May 28 at 9:28pm

Sign up to receive Providence Business News' newsletters
and breaking news alerts.  

This Week's Poll

Are Brown, Johnson & Wales and Lifespan contributing a large enough sum to Providence in lieu of taxes?

Posted:
It is enough since four more nonprofits need to pony up 39% | 90 votes
It is not enough, even if the other institutions sign on to help the city 31% | 71 votes
It is too much - these job-creating institutions shouldn't be hampered by the payments 21% | 48 votes
I don't know 8% | 19 votes

With the announcements last week that Brown University would increase its contribution to Providence in lieu of taxes by $31.5 million over 11 years, in addition to Lifespan committing to $2.4 million over three years, the city is getting closer to filling its budget deficit.

However, despite Johnson & Wales University also increasing its payments to the city, there are still two universities and two hospital systems that are on Mayor Angel Taveras’ list of calls to make for increased giving to the municipal coffers.

Are the mayor and the city nonprofits on the right path to help solve the municipal deficits that have been caused by skyrocketing pension and medical benefit obligations?

angel taveras, budget deficit, brown university, lifespan, johnson & wales, care new england, providence college, chartercare, risd, rhode island school of design, payment in lieu of taxes

Comments

No comments on this story | Please log in to comment by clicking here
Please log in or register to add your comment
Latest News