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COLLECTION OF the 1 percent meal and beverage tax in Rhode Island increased 2.1% year over year. / COURTESY HEMENWAY’S/LUCAS PRESTON

1% meal and beverage tax generates $2.5M in Oct., up from...

PROVIDENCE – The local 1% meal and beverage tax in Rhode Island generated $2.5 million in October, a 2.1% increase year over year, the...

Raimondo’s fiscal 2021 budget sees stable tax rates on banks, credit...

PROVIDENCE – State taxes on banks and credit unions won’t change in fiscal 2021, according to Gov. Gina M. Raimondo’s proposed budget. Taxes on financial...
RHODE ISLAND ash collections increased 10.9% year over year in November to $294.9 million.

Nov. cash collections increase 10.9% Y/Y

PROVIDENCE – Rhode Island cash collections in November totaled $294.9 million, a 10.9% increase year over year, the R.I. Department of Revenue said on...

R.I. revenue grows by 5% through November

PROVIDENCE – R.I. Department of Revenue reported a nearly 5% increase in adjusted revenue in the fiscal year through November, to $293.6 million. The...
R.I. CASH COLLECTIONS totaled $360.9 million in October. / COURTESY STATE OF RHODE ISLAND

R.I. cash collections up in Oct.

PROVIDENCE – The Rhode Island cash collections in October increased 28.4% year over year to $360.9 million, according to the R.I. Department of Revenue...
RHODE ISLAND collection of the 1% meal and beverage tax declined 4.2% year over year in August to $3 million. / BLOOMBERG NEWS FILE PHOTO/CHRIS RATCLIFFE

R.I. 1% meal and bev. tax collection dips Y/Y in Aug.

PROVIDENCE – Collection of the Rhode Island 1% meal and beverage tax in August declined $132,000, or 4.2%, year over year to $3 million,...
RHODE ISLAND cash collections in September increased 5.3% year over year to $412 million.

R.I. Sept. cash collections up 5.3% Y/Y

PROVIDENCE – Cash collections in Rhode Island in September totaled $412 million, a 5.3% increase year over year, according to the R.I. Department of...

Audit: Lottery transfer to R.I. general fund increases 8.9% in FY19

PROVIDENCE – The R.I. Lottery had an operating revenue of $1.1 billion in fiscal year 2019, a 21.5% increase year over year, according to...
RHODE ISLAND cash collections in August increased 2.3% year over year to $278.4 million.

R.I. Aug. cash collections increase 3.2%

PROVIDENCE – Rhode Island cash collections in August totaled $278.4 million, a 3.2% increase year over year, according to the R.I. Department of Revenue...
THE R.I. LOTTERY transferred $397.3 million to the general fund in fiscal year 2019, according to an audit report from the R.I. Office of the Auditor General released Monday.

Audit: Lottery transfer to R.I. general fund increases 8.9% in FY19

PROVIDENCE – The R.I. Lottery had an operating revenue of $1.1 billion in fiscal year 2019, a 21.5% increase year over year, according to...
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