Proposed North Providence budget would hike tax rate 14 cents

NORTH PROVIDENCE -- The Town Council will take public input Thursday night on its proposal to hike the tax rate by 14 cents and spend $89.5 million during the fiscal year that starts July 1.

The final public hearing on the proposed budget is scheduled for 5:30 p.m. in the council's chambers in Town Hall.

The council's budget proposal would raise an additional $325,000 in tax revenue, according to Mayor Charles A. Lombardi, who says he will not veto the council's proposal.

This would mean a tax increase of about $20 for a home of average value, which is assessed at $185,000 and taxed at $148,000 based on a homestead exemption, Lombardi said.