The House Finance Committee will meet this afternoon to review attempts to rein in spending in different state agencies.
Spending above budgeted amounts has been an issue in some different state departments in recent years. The agencies in question include the state Department of Corrections and the Department of Behavioral Healthcare, Developmental Disabilities and Hospitals.
The heads of those two departments have in the past attributed the higher than expected spending to overtime and other unpredictable expenses.
Rhode Island continues to face worsening budget deficits for the next five years. That’s according to new information from the state budget office. The red ink could cause cutbacks in government programs.
The budget office says lawmakers face a $150 million deficit for the fiscal year starting in July 2014. As it stands, the budget hole is set to keep growing,until it tops $400 million for fiscal 2018.
The budget enacted by the General Assembly in June made some relatively minor reductions in the state’s long-term deficits.
State Representative Michael Marcello (D-Scituate), chairman of the House Oversight Committee, joins the Roundtable this week to discuss the bumpy end to the House session; new tolls on the Sakonnet River Bridge; repaying bonds for 38 Studios; and other issues.
The Rhode Island House of Representations Wednesday passed a budget that includes the first repayment for money owed over the state’s losing investment in video-game maker 38 Studios. Taxpayers remain on the hook for a total of about 90 million dollars.
In a development unheard of in recent history, the Rhode Island House of Representations ended a 10-hour budget session Wednesday without approving a spending plan. The budget remains 13 million dollars out of balance due to a rare defeat for House leaders.