Woonsocket Radio News Room

 

CITY OF WOONSOCKET, RHODE ISLAND

 

 

 

FOR IMMEDIATE RELEASE

 

 

 

May 15, 2017

 

 

 

 

 

Contact: Blake Collins, This email address is being protected from spambots. You need JavaScript enabled to view it.<mailto:This email address is being protected from spambots. You need JavaScript enabled to view it.>, office: (401) 762-6400 ex: 2963, cell: (508) 838-3371

 

 

 

Mayor Lisa Baldelli-Hunt Proposes FY’18 Budget Spending Plan Cuts Taxes and Invests in Roads, Public Safety and Blight Removal

 

 

 

WOONSOCKET, R.I.: Mayor Lisa Baldelli-Hunt today announced details of her proposed Fiscal Year 2018 spending plan for the City of Woonsocket. The $140,828,691 budget proposal includes tax cuts to residential and commercial tax rates – the second consecutive year both tax categories have been lowered. The plan also proposes to double the tax exemption for war veterans and widows and widowers of war veterans.

 

 

 

“We have demonstrated that through prudent budgeting we can reduce the tax burden upon our hardworking residents, while still improving City services by investing in key sectors of the community,” said Mayor Lisa Baldelli-Hunt. “The FY’18 budget reflects this Administration’s priorities to reduce the City’s debt burden; improve quality of life through strategic investments in our roads, parks, and public spaces; invest in public safety; eradicate blight from our neighborhoods; and stimulate economic development while still recognizing the importance of relief for our commercial rate payers.”

 

 

 

The residential real estate tax rate is proposed to be lowered 3.14%. As an example, a single-family owner-occupied home assessed at $150,000 would save $112.50 on their tax bill at the new proposed rate. In addition, those eligible for a veteran’s exemption (war veteran, widows and widowers of war veterans) will receive an exemption credit which has been doubled to $158.76 from $79.38.

 

 

 

“This budget is our roadmap for the next fiscal year, and it is critical that our City has competitive tax rates as it still improves the quality of life for residents and businesses in the community,” added Mayor Baldelli-Hunt. “Our goal, through responsible budgeting, is to invest in immediate improvements for Woonsocket, and lay a foundation for future budget stability.

 

 

 

Mayor Lisa Baldelli-Hunt’s FY’18 proposed budget can be read in full here: http://bit.ly/2qlh5sH.

 

 

 

 

 

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Former President Trump's criminal hush money trial resumes today in New York. Former National Enquirer publisher David Pecker is expected to take the stand again today. Prosecutors say he had an arrangement to protect Trump from any potentially harmful stories, especially in the run-up to the 2016 election.       Tensions remain high as protesters on a growing number of college campuses continue to call attention to the crisis in the Middle East. Demonstrators at Columbia University say they want the Ivy League school to divest from companies they say profit from Israel's violations of international law and Palestinian rights. Classes there were held virtually yesterday, but it's not a permanent solution to de-escalation as many Jewish students say they no longer feel safe.       The Supreme Court will hear arguments in two big cases today. The first involves a man from El Salvador who was denied a visa to be with his wife, an American citizen, in the U.S. He eventually learned he was rejected because an official saw his tattoos and suspected he might have a criminal background. The other case involves whether the National Labor Relations Board can order employers to rehire workers they say were fired without just cause.       Robert F. Kennedy Junior wants the entire U.S. budget available on blockchain if elected. The Independent presidential candidate said during a rally in Michigan on Sunday that it would allow any American to look at the budget any time. The blockchain is a ledger of transactions that is typically associated with cryptocurrency.       A tourist in Indonesia is dead after falling into an active volcano while taking photos on its edge. A Chinese woman was on a guided tour of the volcano park when she fell into the crater, according to international news sites. The 31-year-old and her husband had climbed to the top to catch the sunrise.        Gas prices are down just a bit. Triple-A puts today's national average at three-66 a gallon. That's a penny off yesterday's average. Drivers in California are paying the highest by far at five dollars and 43 cents.       

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