Tag: Budget
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...
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...
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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