Bill > H5479

This joint resolution appropriates $750,000 to WaterFire Providence, a 501(c)(3) nonprofit arts organization, for operational support during the fiscal year 2025-2026. The resolution highlights WaterFire's significant cultural and economic contributions to Providence, including transforming the city into an internationally acclaimed destination, attracting nearly one million visitors annually, and generating substantial economic impact. According to an independent economic evaluation, the WaterFire event produces an annual economic output of $151,305,940, generates over $11,945,205 in direct tax revenue, and supports approximately 1,300 local jobs. The organization has also invested in community development through programs like ArtLab@WaterFire and WaterFire Accelerate, which support BIPOC youth and young artists in developing professional skills. The resolution authorizes the state controller to draw orders upon the general treasurer for the appropriation, to be paid through authenticated vouchers.

Budget and Finance

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