state budget

Economy
8:54 am
Wed April 2, 2014

Local Think Tank Calls For Millions In Cuts To State Spending

The Center for Freedom and Prosperity recommends more than $200 million dollars in cuts state spending.
Credit RIPR FILE

A conservative-leaning think tank says Rhode Island spends more than 220 million dollars each year on what it calls non-essential state services.  The Rhode Island Center for Freedom and Prosperity says cutting this spending would improve Rhode Island’s economy.

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The Education Blog
9:18 am
Thu January 16, 2014

Chafee Calls for Boost in Education Funding

Governor Lincoln Chafee’s budget proposal includes thousands of dollars in new funding for public schools, colleges and universities. The $8.5 billion spending plan would increase funding for K-12 schools by roughly $38 million, and provide $10 million for public colleges and universities.

Chafee touted the power of education in his State of the State address, saying it should provide a pathway to a better life and a stronger state economy. He also made a strong argument for the role of government in growing the middle class.

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Politics
8:38 am
Tue August 27, 2013

State Continues to Face Growing Budget Deficits

The state Budget office says the deficit will continue to grow to $400 million by 2018.
Credit RIPR FILE

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.

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On Politics
5:31 pm
Wed June 19, 2013

Young Democrats of RI slam House Finance Budget

The Young Democrats of Rhode Island are slapping the older Democrats in their party who run the Statehouse. In a statement, the Young Democrats take issue with the proposed state budget for the fiscal year that begins July 1 that won House Finance Committee approval.

While the group ``commended’’ the Assembly for adding money for the state’s school funding formula and restoring funding for developmentally disabled citizens, the Young Democrats skewered other budget priorities.

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Politics
8:37 am
Tue May 7, 2013

Revenue Estimates to be Heard at State House

Rhode Island State House
Credit RIPR

The outlook for Rhode Island’s next state budget will come into sharper view when the latest revenue data is discussed this morning.

The annual revenue estimating conference takes place twice a year, in November and May. It’s when legislative staffers offer their estimates of state revenues, based on taxes and other sources of income.

The latest revenue estimates are then used by the General Assembly when it makes revisions to the governor’s proposed budget for the fiscal year starting July first.

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Politics
8:12 am
Tue February 26, 2013

General Assembly Back in Session

RI State House of Representatives
Credit RIPR file

After a one-week winter break, the General Assembly gets back to work Tuesday.

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The Education Blog
1:34 pm
Tue June 12, 2012

Gist: New board won’t change agenda

State Education Commissioner Deborah Gist says her plan for improving Rhode Island’s public schools will not change, even if she is reporting to a new board of education.

The leadership change is part of the state budget that won approval last night from Senate lawmakers. It has already gotten a green light from the House of Representatives.

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