A Message to the East Providence City Council

and the people of East Providence on the

FY 2024 Budget

From Mayor Roberto L. DaSilva

Mayor Roberto L. DaSilva's Letter to the City

August 22, 2023


Robert Rodericks

Council President

East Providence City Council

145 Taunton Ave.

East Providence, RI 02914


Dear Council President Rodericks and Members of the Council,


In accordance with Article V, Section 5-3 of the East Providence Home Rule Charter, I am pleased to present the City’s proposed fiscal year 2024 budget.


The fiscal 2024 budget proposes General Fund expenditures of $191,767,267, a $7.5M increase (4.06 percent) over the FY 23 appropriation. Of the total General Fund expenditure increase, city operating expenditures increased by $4.5M (4.96 percent) and funding of the School Department rose by $3M (3.19 percent). This proposed budget seeks a 3.5 percent increase in the tax levy.


The proposed increases of $7.5M are primarily related to the following:


• A $1.5M increase of voter-approved debt services – Martin Middle and Waddington Elementary Schools

• A $3M increase for the School Department ($2M - City & $1M - School State Aid)

• A $500K increase for the statutorily-required property revaluation assessment

• $1.2M increase for municipal salaries, contractual obligations and related benefits

• $300K in Refuse/Recycling Tipping Fees increase

• $400K Other Post-Employment Benefits (OPEB) increases per the City’s Actuarially-Required Contribution (ARC)

• $600K Firemen’s and Policemen’s Pension Fund increases to meet the City’s ARC

• Inflation/Increase of cost of goods and services including utilities such as electricity, heating and gas


The general fund expenditures and the increase to the budget is being supported with revenues from the following:


• $116M Property Taxes ($4M increase)

• $62M State Aid ($3M increase)

• $11M Departmental Sources ($500K increase)

• $3M Miscellaneous


This budget balances the needs and expectations of our residents, continues needed investments in public safety, public education and school infrastructure, and strengthens our private pension fund.


One of the main challenges was driven by the need to pay scheduled bond debt associated with the voter-approved school bonds. This required making difficult decisions including the elimination of previously-funded, but vacant positions (Deputy Fire Chief, one Park's Division position, and an IT position).


The City’s finances remain stable and strong, and this budget continues our efforts to provide affordable, quality services, while also recognizing the challenges that our taxpayers face in this economic inflationary climate.


We look forward to participating in your public review of this fiscally-responsible budget, and we look forward to answering any questions that the City Council may have.


Sincerely,

Roberto L. DaSilva

Mayor