Fiscal year 2025 payments anticipated to be almost double fiscal year 2024

Brown’s new 2023 MOA totals to $46 million paid between 2024 and 2033. Due to the misalignment between Brown and the City’s financial calendars, the City will count these payments for FY2025 and FY2034.

FY2022
2,000,000
1,392,529
2,528,894
5,921,423
FY2023
0
1,413,416
882,209
2,295,625
FY2024
0
5,075,000
1,925,000
7,000,000
FY2025
6,000,000
5,176,500
1,963,500
13,140,000
Chart: Ciara MeyerSource: City of Providence, Brian ClarkCreated with Datawrapper