budget

Politics
9:05 am
Thu August 29, 2013

Reed and Whitehouse Hear About The Effects of the Sequester In Rhode Island

Rhode Island’s two US senators say the across-the-board spending cuts known as the sequester are having a negative effect across the Ocean State.  Reports, the impact of those cuts was the focus of a forum in Providence Wednesday.

Rhode Island Housing, which recently lost 30 employees partly due to federal spending cuts, was the site of the forum hosted by Senators Jack Reed and Sheldon Whitehouse.

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On Politics
5:03 pm
Mon August 26, 2013

Budget Office: RI Deficit Set to Grow to 410M in FY 2018

Rhode Island continues to face onerous budget deficits for the near future -- from $149.2 million for the fiscal year starting in July 2014 to $410 million in FY 2018, according to a new five-year analysis by the state Budget Office.

The cascade of red ink will place pressure on lawmakers to find fresh spending cuts, even as new casinos in Massachusetts are expected to cut into one of Rhode Island's top revenue sources -- gambling. The legal challenge to the 2011 overhaul of the state pension system poses another possible wild card.

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Politics
8:33 am
Wed August 21, 2013

Citizens Attempt to Stop Tax Increase in Woonsocket

A group of citizens has filed a lawsuit in Superior Court in an attempt to stop a supplemental tax increase in Woonsocket.  Woonsocket officials hope to use the tax to overcome a persistent budget crisis.

But the lawsuit filed on behalf of several taxpayers claims the supplemental tax doesn’t comply with the General Assembly legislation that authorized it. The legislation was based on Woonsocket being able to reach almost 4 million dollars in other budget savings. But the suit says that since almost 3 million of the savings are subject to legal action, that may never be realized.

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Political Roundtable
4:00 am
Fri June 21, 2013

Political Roundtable: The Good and Bad of the House Budget, + More Debate on 38 Studios

Associated Press reporter David Klepper joins the Roundtable this week as discuss the budget passed this week by the House Finance Committee; debate over repaying bonds for 38 Studios; and some of the big unresolved issues facing the General Assembly.

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On Politics
11:34 am
Thu June 20, 2013

Block Calls RI's Budget Process "Completely Backwards"

Moderate Party gubernatorial candidate Ken Block says the speed with which the House Finance Committee votes on an $8.2 billion budget -- just hours after learning the details -- is a backwards way of doing things.

As Block notes in a news release, Tuesday's committee vote on the budget stands in contrast to the typical hearing process:

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RI News
9:20 am
Tue April 2, 2013

Stable Taxes in Cranston Budget Proposal

Cranston Mayor Allan Fung has submitted a new budget proposal with no tax increases.  Fung says Cranston has stabilized city finances with help from public safety contract concessions and careful spending.  He points to the growth of businesses like the Alex and Ani jewelry company as proof that Cranston is now seeing an economic expansion.  

"The city of Cranston is not only stable from the initiatives we have put into place these last four years, but now we are experiencing real growth," Fung says.  

RI News
8:35 am
Thu March 7, 2013

East Providence Well on Its Way to Fiscal Health

Central Avenue, East Providence, RI
Credit Aaron Read / RIPR

The City of East Providence says there are just a few more details to button up before it waves good-bye to the Budget Commission that’s been overseeing city finances. A state-appointed finance officer will step in next.

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Analysis
10:31 am
Thu February 28, 2013

How Will RI Fare if Sequestration Happens?

T.F. Green Airport Security Gate
Credit Catherine Welch / RIPR

The list of potential implications to RI is long if the so-called sequestration kicks in:  from longer lines at the airport to job loss to less educational research.  Scott MacKay reviews what might be in our future. 

Do you have insight or expertise on this topic? Please email us, we'd like to hear from you.  news@ripr.org

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Morning News Podcast
9:46 am
Mon February 18, 2013

Monday, February 18, 2013

This is the 10th anniversary of the fatal Station Nightclub fire.  Congressman David cicilline is asking the House Speaker to keep Congress in session until federal budget negotiations are finished.  These stories and more on the RIPR Morning News podcast.  Then Scott MacKay explains why getting rid of the one-party lever will not fix RI's election woes.

Do you have insight or expertise on this topic? Please email us, we'd like to hear from you.  news@ripr.org

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Morning News Podcast
9:31 am
Tue February 5, 2013

Tuesday, February 5, 2013

House lawmakers consider an e-verify bill for employers.  The General Assembly begins hearings this week on the state's budget for next year. These stories and more on the RIPR Morning News Podcast. 


Do you have insight or expertise on this topic? Please email us, we'd like to hear from you.  news@ripr.org
 

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