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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...
A NEW REPORT on charter schools released Thursday by the Rhode Island Public Expenditure Council recommends that state lawmakers should support new charters and expand existing ones rather than impose a moratorium on such expansion.

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...
THE RHODE ISLAND BUSINESS COALITION is calling for the business community to mobilize in the fight against proposed income tax legislation. / COURTESY R.I. BUSINESS COALITION

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...
Rhode Island Public Expenditure Council CEO and President Michael DiBiase says state policymakers will need to reform the education funding formula to guarantee it's equitable for all communities.

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...
RHODE ISLAND GDP declined at a 2% annualized rate in the fourth quarter of 2020. / COURTESY RHODE ISLAND PUBLIC EXPENDITURE COUNCIL

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...
THE RHODE ISLAND Public Expenditure Council is advising state policymakers to act with urgency in addressing a projected fiscal year 2022 $513.7 million budget deficit.

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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