budget

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.  

Central Avenue, East Providence, RI
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.

T.F. Green Airport Security Gate
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

Monday, February 18, 2013

Feb 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

Tuesday, February 5, 2013

Feb 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
 

RI State Capitol
RIPR file

Legislative committees are set Tuesday to begin reviewing Governor Lincoln Chafee’s proposed budget for the fiscal year starting in July. This is one of many meetings where lawmakers will hash over the budget.

Tuesday, January 29, 2013

Jan 29, 2013
Gate at Brown University
RIPR file

Providence Mayor Angel Taveras delivers his State of the City address this evening.  Treasurer Gina Raimondo says she has cleared out a backlog related to the crime victims compensation program.  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

The new budget proposal from Governor Lincoln Chafee is a complex document, so here are a few highlights for schools and colleges.

There's a slight increase in this budget proposal for public colleges and universities. Oddly, officials disagree about the exact amount of the increase. The governor’s office first reported $8 million, but higher education officials say it’s closer to $6 million. The Office of Higher Education says it is grateful for any increase, after years of decreases under former Governor Don Carcieri.

Governor Lincoln Chafee says his new budget builds on attempts by his administration to position Rhode Island for better days. Joined by RIPR political analyst Scott MacKay, we also talk about the fight over same-sex marriage legislation, the governor's political plans for 2014, and other issues.

James Baumgartner

Gov. Lincoln Chafee joins Political Roundtable this week to talk about his budget, Rhode Island's economy,  and regional competition for a better tax climate. Also joining me in the discussion are RIPR political analyst Scott MacKay and guest panelist David Klepper from the Associated Press.

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Governor Lincoln Chafee is winning a measure of plaudits for a budget with no new taxes and a proposed cut of the corporate tax from 9 percent to 7 percent over three years. But a tax initiative by Massachusetts Governor Deval Patrick is raising uncertainly about the net effect of Chafee's initiative.

After trying unsuccessfully for the last two years to get the General Assembly to go along with a series of tax proposals, Governor Lincoln Chafee goes in a very different direction with his proposal for the budget year starting July 1. The budget eschews tax hikes and proposes cutting Rhode Island's corporate tax from 9 percent to 7 percent over three years.

Making Rhode Island more competitive and getting Rhode Islanders back to work are central points of Governor Lincoln Chafee's State of the State address tonight.

Budget staffers and other members of the governor's administration held a background briefing for reporters a short time ago at the Department of Administration building on Smith Hill. The details are embargoed until Chafee begins his speech this evening in the House chamber.

But in addition to the points in the first sentence of the post, the Chafee administration also plans to emphasize:

RI to hear governor's budget proposal

Jan 16, 2013
RI Governor Lincoln Chafee
Catherine Welch

(PROVIDENCE, RI) Gov. Lincoln Chafee gives his annual state-of-the-state speech Wednesday before a joint meeting of the General Assembly. The governor is expected to discuss the state’s stalled economy in his remarks.

Rhode Island Public Radio is airing the State of the Speech live along with analysis from the political team. Coverage starts at 7 p.m.

Governor Lincoln Chafee is declining to talk specifics about whether his next budget will include revenue increases – a.k.a. tax hikes.

The governor offered this comment during an interview last week (excerpts of which will be broadcast on RIPR Thursday morning):

“The budget will come out in January … we’re still putting it together.”

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