Tag: Michael DiBiase
Elorza announces working group to consider long-term Providence pension solutions
PROVIDENCE - After his pitch to borrow more than $700 million to shore up the city pension fund stalled in the General Assembly, Mayor...
Elorza seeks to head off concerns on pension bond proposal in...
PROVIDENCE – Whether selling city bonds to investors is a creative solution to the seemingly intractable Providence pension problem or an overly risky venture...
RIPEC report: State should support charter school expansion
PROVIDENCE – Among its recommendations for lawmakers regarding addressing charter schools in the state, the Rhode Island Public Expenditure Council stated Thursday that the...
R.I. business community mobilizing against added income tax bracket, PPP tax
PROVIDENCE – The Rhode Island business community is mobilizing to urge the General Assembly to rethink proposed legislation aimed at increasing income taxes on...
Report: R.I. GDP grows at slower rate than region, country
PROVIDENCE – Rhode Island's gross domestic product grew at an annualized 3.5% in the first quarter of 2021, the Center for Global and Regional...
Report: ‘Property wealth’ gaps among R.I. municipalities causing education disparities
PROVIDENCE – A new analysis of municipal finances from the Rhode Island Public Expenditure Council found that despite a state funding formula designed to...
Proposed taxes on high-income earners draw pushback from business community
PROVIDENCE – Two pieces of legislation pending in Rhode Island’s General Assembly are aimed at raising taxes on high-income earners, something the state's business...
RIPEC supports borrowing in upcoming bond referenda
PROVIDENCE – The Rhode Island Public Expenditure Council supports borrowing for the seven bond initiatives that will be considered by voters in a special...
Report: R.I. GDP declines at 2% annual rate in Q4
PROVIDENCE – Rhode Island's gross domestic product was estimated to have declined at a 2% annualized rate in the fourth quarter of 2020, according...
RIPEC advises ‘more urgency’ in addressing state FY22 budget deficit
PROVIDENCE – The Rhode Island Public Expenditure Council is advising state legislators to act with “more urgency” in addressing a $513.7 million budget deficit...
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