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Providence Mayor Jorge Elorza Set To Deliver State Of City Address Tuesday

Published
Providence Mayor Jorge Elorza will deliver his annual State of the City address this evening from City Hall. The mayor has struggled over the last year ...

Providence Mayor Jorge Elorza will deliver his annual State of the City address this evening from City Hall. The mayor has struggled over the last year to resolve a dispute with city firefighters over scheduling. And the mayor has struggled to eliminate budget shortfalls that have added up over several years.

Elorza’s administration, January outlined a plan to eliminate the deficit by 2021. Fitch ratings agency recently downgraded Providence’s bond rating to triple B-minus, just one notch above junk bond status. The company cited limited revenue growth, increasing spending and pension obligations among the reasons for the downgrade.

Providence Mayor Jorge Elorza
Providence Mayor Jorge Elorza