East Providence’s growth helps reduce 2026 tax rates - by Robert DaSilva

The City of East Providence’s recent growth is proving beneficial for local taxpayers.

The city experienced significant growth in its tax base, driven in part by residential and commercial development, as well as investments in utility infrastructure. While the approved fiscal year 2026 budget includes a 4% increase in the tax levy, the actual tax rate increased by only 2.1% because of the expansion of the local tax base.

For fiscal year 2026, the residential tax rate will increase from $13.07 to $13.35 per $1,000 of assessed value, a 2.1% change. The commercial tax rate will increase from $20.63 to $21.06 per $1,000 of assessed value, also a 2.1% change. The tangible property tax rate will remain unchanged at $56.81 per $1,000 of assessed value, consistent with the statutory cap established under Rhode Island law.

City officials worked diligently throughout the budget process to minimize the impact on residents while continuing to invest in essential services, infrastructure improvements, public safety and long-term community priorities. The overall tax rate increase of approximately 2.1% remains below the current U.S. inflation rate of approximately 3.8%, according to the U.S. Bureau of Labor Statistics.

East Providence continues to experience encouraging economic growth, with ongoing residential and commercial development, active construction projects and significant infrastructure investments by Rhode Island Energy contributing to the city’s expanding tax base. This continued growth strengthens the city’s financial foundation and helps lessen the burden on existing taxpayers over time.

The city recognizes that responsible growth provides the resources necessary to deliver high-quality public services. As a community that is nearly built out, most current development opportunities involve reinvestment in underutilized and previously developed properties. Many of these projects, particularly along the city’s waterfront, also provide environmental remediation, stormwater management improvements and enhanced public access to the shoreline.

Investment in East Providence also creates jobs, expands access to services and helps address the need for additional housing. The city has continually invested in water and sewer infrastructure, providing additional capacity to support future growth. East Providence welcomes investment opportunities that strengthen the community, enhance quality of life and contribute to the city’s long-term success.

Roberto DaSilva is the mayor of the city of East Providence, R.I.