Cranston voters would decide on up to $8 million for road projects

Cranston could issue up to $8 million in bonds and temporary notes for street, sidewalk, and bridge projects. Eligible projects include paving, drainage, traffic controls, road equipment, safety work, landscaping, and related costs within Cranston. The city council would authorize the bonds or notes and set their terms. The money could also repay temporary financing, cover issuance costs, or pay interest during construction. The remainder of the act would require approval by a majority of city voters before taking effect. The approval question would appear at the November 3, 2026, general election or at a special citywide election chosen by the city council; the bond authority would take effect after voter approval.

The city would set aside enough money each year to pay principal and interest on the bonds and notes. This would apply to Cranston's bonds and notes under the act when other money is not available. If the city does not make the needed appropriation, the amount would still be added to the annual property-tax levy. All taxable property in Cranston would be subject to that levy without a rate or amount limit. The payment requirement would apply each year when principal or interest comes due.