RIPEC urges fiscal ‘restraint’ for FY 2025 state budget

PROVIDENCE – With the historic infusion of federal revenues from pandemic relief programs expiring and a reversal of record state revenue surpluses, the state’s general revenues are growing at a slower rate, the R.I. Public Expenditure Council said Friday in its report examining Rhode Island’s fiscal outlook in anticipation of the 2025 state budget. Micheal DiBiase,