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Providence City Council approves $540M FY22 budget, adds WaterFire funding THE PROVIDENCE CITY COUNCIL on Tuesday approved a nearly $540 million spending plan for fiscal 2022 and a stimulus spending plan that includes requested funds for WaterFire Providence. / PBN FILE PHOTO/CHRIS BERGENHEIM Providence – The City Council gave the initial blessing to a nearly $540 million budget on Tuesday, despite criticism by some over the plan’s failure to address police reform. The spending plan for fiscal 2022 approved by an 8-6 vote shaves off $371,000 from the budget Mayor Jorge O. Elorza unveiled in April, including cuts to tax revenue due to higher participation in the city’s homestead exemption tax and smaller contributions to the city’s pension fund and to the Providence Public School District. However, signature components including level taxes, funding for a new crisis diversion position within Providence Police Department and expanded community services were all retained.

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