RI state budget

Business
11:16 am
Fri May 8, 2015

The Bottom Line: Nursing Homes Predict Impact From Cuts To Medicaid

Providence Business News Editor Mark Murphy joins Rhode Island Public Radio's Dave Fallon for our weekly business segment The Bottom Line.

This week Mark and Dave speak to Virginia Burke, president and CEO of the Rhode Island Healthcare Association, which represents nursing homes. The group has questioned a plan to cut millions of dollars in state Medicaid spending.

Burke tells Mark and Dave that cuts to Medicaid would likely lead to layoffs for nursing home staff, which could degrade the quality of patient care.

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On Politics
4:22 pm
Tue May 5, 2015

RI Gas Tax to Inch Up 1-cent in July

Rhode Island motorists will see a small increase of one-cent in the gasoline tax on July 1, 2015 to account for inflation, according to the state Department of Revenue.

This tax, known commonly as the state "gas tax" will increase from 32 to 33 cents per gallon, based on calculations from the state Division of Taxation. This adjustment is required under state law.

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On Politics
3:53 pm
Fri April 24, 2015

Scott MacKay Commentary: Tiverton Casino: A Necessary Evil?

Newport voters have fought off a fully fledged casino at Newport Grand Slots Parlor twice in as many election cycles. Now a casino is in the works for Tiverton, and opposition is mounting... will the state ever give up it's love affair with gaming?
Credit RIPR FILE

So Twin River’s parent company wants to build a new casino in Tiverton.   The idea is likely to raise a few eyebrows, but RIPR political analyst Scott MacKay says it  has to be done.

There are many Rhode Islanders who don’t believe that state government should be in the business of promoting gambling. Those critics point out the lottery games and slot-machine emporiums that speckle New England like daffodils these days are little more than cheap taxes on the poor.

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On Politics
11:57 am
Fri April 17, 2015

RI State Budget Revenues Running Ahead Of Projections

The last budget crafted by former Gov. Lincoln Chafee’s administration and the General Assembly seems to be holding up fairly well, according to the latest revenue assessment by the Rhode Island  Department of Revenue.

The official state bean-counters say that adjusted total general revenues are up about $61 million more than expected in the current budget year, which ends on June 30. This is good news for a state that has been slowly emerging from the recession.

The 2.6 percent increase in revenues is fueled by increases in the personal income tax and the corporate tax.

On Politics
4:42 pm
Wed March 25, 2015

RI State Revenues Running About $50 Million Ahead Of Projections

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.

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