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State controller: FY 21 budget year ends $51M above expected surplus

PROVIDENCE – Higher income and sales tax revenue combined with federal emergency management reimbursements boosted the state’s fiscal 2021 surplus to $332 million as...

East Providence introduces proposed $178M FY 22 budget with 1.4% tax...

EAST PROVIDENCE – Taxpayers could see a slight increase in their city taxes under the proposed fiscal 2022 spending plan introduced by Mayor Roberto...

Elorza signs $540M FY 22 spending plan

PROVIDENCE – Mayor Jorge O. Elorza on July 16 signed a nearly $540 million city spending plan for the fiscal 2022 year, according to...

Providence to hold public hearing on FY 2022 budget

PROVIDENCE – The City Council Finance Committee will take public input on the proposed fiscal 2022 budget in a virtual hearing on Tuesday. The $540...

Elorza signs off on FY 2021 Providence budget

PROVIDENCE – More than three-quarters of the way through the year, the city at last has a fiscal 2021 spending plan, after Mayor Jorge...

Legislators paint grim picture of economy, need for federal aid

PROVIDENCE – A tax hike and cuts to services and programs could be on the table if Rhode Island does not receive federal aid...
REP. MARVIN ABNEY, D-Newport, the chairman of the House Finance Committee, discusses the fiscal 2021 state budget, which the House approved Wednesday. / COURTESY CAPITOL TV

R.I. House approves $12.75B state budget for fiscal 2021

PROVIDENCE – The R.I. House approved a $12.75 billion budget Wednesday afternoon, one that distributes federal pandemic aid and general fund revenues among existing...

Magaziner advocates for upping state bonding in final FY 21 budget

PROVIDENCE – As state lawmakers continue to weigh a not-yet-finalized fiscal 2021 spending plan, R.I. Treasurer Seth Magaziner is touting the state’s borrowing capacity...

R.I. state budget gap shrinks to $114M

PROVIDENCE – Rhode Island's elected leaders were projecting a budget gap of more than $800 million in May due to the economic shock of...
WAITING GAME: Local communities are growing frustrated waiting for a new state budget. Above, Joe Morais, project leader at the Pawtucket Department of Public Works, is among hundreds of city workers forced to file for unemployment one day each week. / PBN FILE PHOTO/ELIZABETH GRAHAM

No more waiting: Time for hard decisions on the state budget

State leaders are about to finally get to work – several months too late – determining the near-term fallout from the COVID-19 pandemic on...

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