Updated February 20 at 6:26pm
Local News
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Mayor Jorge O. Elorza unveiled a $716.8 million operating budget for the upcoming fiscal year Wednesday, a spending package that includes reductions in the commercial and residential tax rates, and an increased exemption for auto excise taxes, but which will most likely result in increased taxes for many property owners due to rising assessments. more
“Make it Yours” is the latest tourism strategy from the R.I. Commerce Corporation. more
With 1,906 single-family home sales in the first quarter, a 15 percent increase compared with the same period last year, Rhode Island experienced its busiest first quarter since 1986, the Rhode Island Association of Realtors said Wednesday. more
The Providence-Warwick metropolitan area ranked 23rd in the nation for 13 percent construction job growth year over year in March, according to the Associated General Contractors of America. more
Rhode Island has the 11th highest median property tax rate in the nation at 1.93 percent, CoreLogic said Wednesday. more
Bernie Beaudreau has stepped down after eight years as executive director of Serve Rhode Island, the state’s center for volunteerism, to become CEO of the Connecticut Food Bank in Wallingford, Conn. more
More Americans than forecast signed contracts to purchase previously owned U.S. homes in March, an encouraging sign as the housing market was entering its busiest selling season of the year. more
Banco Santander SA, Spain’s biggest bank, reported lower first-quarter profit as revenue slumped in its home market and operations aboard were hit by currency effects. more
Grow Smart RI on Wednesday announced seven winners of its fifth annual Rhode Island Smart Growth Awards given to groups and projects that help shape a stronger Rhode Island. more
A total of 43 projects in all 39 towns and cities across the state will share $500,000 in Centennial Community Grants funding distributed by the Rhode Island Foundation to mark its 100th anniversary, the organization said Wednesday. more
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