TAXING CORPORATE
POLLUTERS
Holding Polluters near our Port accountable
Home to asphalt plants, scrap metal facilities, oil and gas storage, and bulk salt operations, the Port of Providence has long been one of the most polluted areas in our state. For decades, our neighbors across South Providence and Washington Park have lived with persistent air pollution, noxious odors, heavy truck traffic, and repeated industrial fires. These conditions have contributed to serious public health issues, including elevated asthma rates and long-term exposure to harmful pollutants. As Mayor, David’s administration will hold these corporate polluters accountable.
During the 2025 legislative session, David helped pass a state law allowing the City of Providence to establish a “two-tier” commercial tax structure. This reform allows Providence to set different tax rates based on commercial property use. As Mayor, David will work with the Tax Assessor’s Office to introduce a city budget that fully utilizes this authority by setting a higher commercial tax rate for industrial facilities operating near the Port of Providence (properties covered under the ProvPort agreement would be excluded as they already operate under a separate financial agreement with the city).
A 3.5% Commercial Tax Rate for Industrial Businesses near the Waterfront
While a majority of businesses in Providence will maintain the current commercial tax rate of approximately 2.9% — David’s Administration will leverage a new 3.5% commercial tax rate established for properties zoned as industrial (M-2, M-MU-75, and W-3) operating within a one-mile radius of a waterfront.
For example: 520 Allens Avenue (Shell Terminal), an industrial property assessed at $4.12 million, would go from paying an annual property tax of about $120,000 to $144,000.
Generating Funds for City Services and our Public Schools
Industrial operators along the waterfront benefit from proximity to shipping routes, rail infrastructure, and long-standing zoning advantages. Yet the costs of their operations have been shouldered by our neighbors in the form of pollution, health risks, and reduced quality of life. This tax reform would help our city generate additional revenue to be directed towards strengthening our public schools and improving city services.
Exemptions for Restaurants
To ensure that non-polluter small businesses aren’t penalized, exemptions would be granted to food service establishments, such as Seaplane Diner and Ov's Restaurant.