Providence Local News

 

Providence officials want audit of Urban League

Providence officials want audit of Urban League

PROVIDENCE, R.I. (AP) — Providence Mayor Angel Taveras' administration wants a forensic audit of the Urban League of Rhode Island before the city considers a plan to sell the nonprofit group's property.

Taveras spokesman David Ortiz told The Providence Journal that an accounting firm will visit the Urban League on Thursday to determine the audit's scope and cost.

The Urban League serves the poor and disadvantaged. The city deeded the Prairie Avenue property to the group for $1 in 1990 with the condition it be returned to the city if the organization moves. The city has to approve any sale, and officials say they want to make sure the group's finances are in order.

The Urban League has plans to sell the property for $2.6 million and pay off $2 million in debt.

SHUTTERSTOCK Laura Stone

 

More Articles