Just 4% of Providence Voters Turn Out -- $515 Million in Pension Obligation Bonds Approved

Just 4% of Providence Voters Turn Out -- $515 Million in Pension Obligation Bonds Approved

By a 70% to 30% margin, Providence voters approved the passage of a ballot question that allows Providence Mayor Jorge Elorza to borrow $515 million to make payment on the City of Providence’s unfunded liability.

Just 3,545 voted in favor of the record borrowing.

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And, 1,519 voted no.

There are nearly 124,000 registered voters in Providence — just 4% came out to vote.

Elorza and the public unions lobbied for the passage.