Cranston voters will decide whether the city may borrow up to $2 million for public building work, and a majority must approve before that authority takes effect.
Cranston voters must approve before the city may borrow up to $2 million for public buildings. If other money is unavailable for debt payments, the city must add the amount due to its yearly property tax levy.
Cranston may issue up to $2 million in bonds and temporary notes for public building projects. The authority covers Cranston public buildings, including buying, building, improving, repairing, furnishing, and equipping them. A majority of voters must approve the act before this borrowing authority takes effect. The money may pay for public building work and related costs, including debt payments and borrowing costs. If other money is not available for debt payments, the city must add the amount due to its yearly tax levy. The approval question is set for the November 3, 2026 general election or a special citywide election chosen by the city council. The city council may end any unused borrowing authority seven years after the act takes effect.
No hearings or votes scheduled.