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City Council amends budget, boosts taxes 1.97%

By a 6-3 vote, the Warwick City Council approved an amended version of Mayor Frank Picozzi’s Fiscal Year 2025 budget last Thursday, which Picozzi said he would sign. The amended budget … ....

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Council set to vote on mayor's $360.8M budget

Mayor Frank Picozzi’s proposed $360.8 million city budget, which Finance Director Peder Schaefer calls the “best one” in his 50 years as an administrator, underwent seven hours of … ....

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Schools big driver of proposed 1.5% tax increase

Schools big driver of proposed 1.5% tax increase
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Gov's budget short changes city $800K, says Schaefer

City Finance Director Peder Schaefer has a nose for numbers. When they aren’t what he expects them to be he starts digging.

He did that last week as he reviewed the governor’s budget … ....

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The city closed out the 2022 Fiscal Year on June 30, 2022 with a $33 million unassigned fund balance, an increase of $2 million from the prior year.

That’s good news for Mayor Frank Picozzi … ....

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