City of Central Falls, City Clerk

City of Central Falls, City Clerk CITY OF CENTRAL FALLS
NOTICE OF PROPOSED PROPERTY TAX RATE CHANGE
The City of Central Falls, Rhode Island, proposes to increase its property tax levy to $17,419,841 in the 2026-2027 budget year; the property tax levy this year is $16,753,338. THIS IS A PROPOSED INCREASE OF 3.98% .
The City of Central Falls has conducted a statistical revaluation of property as of 12/31/24 which is mandated by the State of Rhode Island. It has been estimated that the proposed increase in property tax revenues will result in a property tax rate of $9.16 per $1,000 of assessed valuation for owner occupied residential real estate, a property tax rate of $13.73 per $1,000 of assessed valuation for non-owner occupied residential real estate, $22.62 per $1,000 of assessed valuation for commercial real estate, and a $38.33 per $1,000 of assessed valuation for tangible personal property,
as compared to the current property tax rate of $8.81 per $1,000 of assessed valuation for owner occupied residential real estate, $13.21 per $1,000 of assessed valuation for non-owner occupied residential real estate, $21.75 per $1,000 of assessed valuation for commercial real estate, and $38.33 per $1,000 of assessed valuation for
tangible personal property.
Property tax rates of $9.17 for owner occupied residential real estate, $13.73 non-own- er occupied residential real estate, $22.62 for commercial real estate and $38.33 for tangible personal property would be needed in the coming budget year to raise the maximum levy authorized by Section 44-5-2 of the Rhode Island General Laws.
The City of Central Falls public hearing for the FY27 Budget will be considered on Monday, June 1, 2026 at 6:00 PM and Monday, June 8, 2026 at 6:00 PM at City Hall, 2nd floor, Council Chambers. A link can be seen on the City Website.
The above property tax estimates have been computed in a manner approved by the Rhode Island Department of Revenue.
Maria Rivera, Mayor
City of Central Falls, Rhode Island
CITY OF CENTRAL FALLS REPORT TO TAXPAYERS ON CURRENT AND PRO- POSED BUDGET
General Fund Revenues
Tax Revenue
Emergency Reserve Fund Fees/Non Tax Revenue State Revenue
Other Revenue
Total Revenues
General Fund Expenditures
$
16,665,725 (160,657) 1,778,200 3,500,099 77,500
Animal Control
Judiciary
Fire
Dispatch & Emergency Mgmt Highway / Code
Public Works City Debt Service
Current Budget 2025-2026
Proposed Budget 2026-2027
$ 17,542,245 (168,972) 1,811,700 3,646,374 107,500
$ 22,938,847$
City Executive Management City Council
City Boards
City Clerk
$
433,060 41,160 15,600
$
453,619 41,160 12,600
373,919 40,000 289,277 293,727 145,177 911,436 1,666,099 435,285 416,499 - 3,511,831 4,866,940 88,228 150,947 4,562,430 661,641 1,468,981 1,283,724 1,109,823 155,507
357,035 40,000 291,686 276,934 139,870 882,926 1,711,283 350,949 419,373 114,116 3,109,453 4,627,247 80,593 147,996 4,459,969 652,517 1,252,506 1,256,223 1,044,865 Library 155,507
Total General Fund Expenditures $ 21,860,867 Operating Surplus* $ (0)
Board of Canvassers Personnel
Legal
Tax Assessor Finance
City Property
Recreation
Planning
Constituent Service & Health Other City Government Police
$ 21,860,867
$ 22,938,847
$0
* Operating surplus reflects the difference between current revenue and current expenses.
This is to certify that the data contained in this report are accurate to the best of my knowledge.
5/20/2026
Maria Rivera, Mayor