Some good news from the Rhode Island Department of Revenue: The latest budget numbers from state government show state revenues up nearly $50 million ahead of projections.
Rosemary Gallogly, the outgoing director of revenue, said in a statement that year-to-date revenues are up about $47 million above the estimates.
The revenue growth has been fueled largely by an increase in personal income tax money. That could be a sign that the economy is gaining traction as Rhode Island’s slow recovery from the recession picks up steam.
More than 75 Rhode Islanders packed a small meeting room at the Peacedale Public Library Monday, to share their suggestions for improving Medicaid while cutting costs. It was one in a series of town hall meetings held by the task force charged with finding $90 million dollars in savings in the program. Nurse Patricia Mackie told organizers how meeting a client’s basic needs first can help prevent expensive hospital stays.
“Cash to pay for prescriptions, clothing, furniture from the furniture bank, finding him an apartment.”
Gov. Gina Raimondo joins RIPR Political Roundtable tomorrow for a discussion of her first budget and other topics. She talks about the Taylor Swift tax, the Medicaid cuts, the medical insurance tax, her economic development proposals, thePawSox move and more. Tune in tomorrow morning for Political Roundtable and Bonus Q &A with the governor and panelists Ian Donnis, Scott MacKay and Maureen Moakley. If you miss it, the entire interview with be posted at RIPR.org
Gov. Gina Raimondo’s first budget proposes stripping about $2.5 million in state Payments-in-lieu of Taxes aid from Providence city government and another $1.1 million in such payments from Cranston. If you believe the General Assembly is going to allow these cuts you probably believe in the Easter Bunny.
Raimondo’s problem: The communities being hit on this one happen to be home to two of the most influential state lawmakers –House Speaker Nick Mattiello, D-Cranston, and House Majority Leader John DeSimone, D-Providence.
Governor Gina Raimondo’s budget proposal includes some new initiatives for the environment, including a larger role for the state’s Clean Water Finance Agency. Rhode Island Public Radio’s environmental reporter Ambar Espinoza spoke with Rhode Island Public Radio's Elisabeth Harrison to discuss the environmental impact of the budget.
Gov. Gina Raimondo has proposed her first state budget. RIPR political analyst Scott MacKay looks at the politics of our new governor’s taxing and spending plan.
It’s difficult to argue with the rhetoric behind our new governor’s $8.6 billion budget plan. In her televised address from the Statehouse last Thursday evening, Raimondo outlined her goals in a convincing fashion, hitting all the high notes. Her smorgasbord of ideas provides a little something for everyone.
Gov. Gina Raimondo is scheduled to release her first state budget on Thursday. Part of the challenge is to slash a projected $190 million deficit. So what will get cut? RIPR Political Analyst Scott MacKay tells us what to watch out for.
There is that ancient Statehouse cliché: If you want to figure out what a governor’s priorities are, check out the budget. Rhode Islanders get their first look at what our new governor, Gina Raimondo, values when she releases her spending and taxing plan for state government on Thursday.
Some good news for Rhode Island’s state budget: income and sales tax receipts are up over last year’s totals.
That’s the report from the state Department of Revenue comparing state revenues through October with the same period last year. Income tax collections are 3 percent about last year and sales levies are up 4.3 percent, according to data released today.
On a more sober note, state gambling tax collections are down 1.3 percent from the same period last year.
The major candidates for Rhode Island governor have spent much of their campaigns focused on the economy. RIPR political analyst Scott MacKay on what they aren’t telling voters.
All of the Rhode Island political campaigns this year are talking about our state’s sluggish economy. In the governor’s contest between Republican Allan Fung, the Cranston mayor, and Democrat Gina Raimondo, the state treasurer, jobs and the economy often seem to be the only topic.