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Voters usually say yes to bond issues. Are local, state officials...

It’s not a great time to borrow.  Talk to anyone who recently took out a mortgage or a car loan, now paying interest rates not...

Underlying issues cloud state’s positive economy in Q4, RIPEC says

PROVIDENCE – Rhode Island’s economy showed positive results in the fourth quarter of 2023 even though underlying issues remain, according to a new report...

Sales tax cut discussion on hold

PROVIDENCE – Gov. Daniel J. McKee is still trying to provide tax relief to state business and residents even though he failed to reduce...

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...

Some Providence politicians, policy analysts say it’s time to raise taxes

It’s not often that politicians preemptively push for more taxes.  Yet a new report adopted by the Providence City Council on Thursday, Jan. 4, recommends potential tax...
SPEAKS WITH AUTHORITY: 
House Speaker K. Joseph Shekarchi talks before a joint legislative commission on plastic bottle waste before its meeting in December. Shekarchi has given caution signals about this year’s budget process because of a cloudy fiscal picture ahead. 
PBN PHOTO/MICHAEL SALERNO

Uneasy money: Worries about returning to deficits hang over General Assembly

The warning flags have been raised: Rhode Island legislators are about to return to reality. After two years of massive surpluses, state budget officials are...
THE R.I. OFFICE OF REVENUE ANALYSIS has issued a report that finds the state's Jobs Development Act tax incentive program failed to break even in tax years 2019 to 2021 on a "general revenue basis." / PBN FILE PHOTO/CASSIUS SHUMAN

State report: Jobs Development Act fails to break even, but what...

A new state report on Rhode Island's tax incentive program Jobs Development Act shows that the program, which offers tax breaks to companies creating...
THE RHODE ISLAND Public Expenditure Council says that with the rise of multilingual learners in Rhode Island’s K-12 public school system, the state needs to increase education spending 25% to help districts better server this growing student body.

RIPEC: State needs to boost educational funding for multilingual learners

PROVIDENCE – With the rise of multilingual learners in Rhode Island’s K-12 public school system, the state needs to increase education spending to help...

Providence City Council taps study commission to mull ‘alternative revenue...

PROVIDENCE – The City Council on Thursday unanimously approved a nine–member commission to study the municipal tax system and make recommendations on ways to...

Remote work, gig economy impacting R.I. jobs data

More Rhode Islanders are working, but the state is losing jobs, according to the latest monthly report from the R.I. Department Labor and Training. Wait,...
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