Tuesday, August 9, 2022

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RIPEC: R.I. total spending grew 16.1% from FY14-19

PROVIDENCE – Rhode Island’s state and local governments outspent the national average in fiscal 2019, the latest year for which such data are available,...

Revenue windfall pushes states to consider range of tax cuts

ANNAPOLIS, Md. (AP) – Soaring tax revenue and billions in pandemic aid from the federal government have left many states with an unusual problem...

Key House panel approves $13.1B fiscal 2022 budget

PROVIDENCE – The House Committee on Finance approved a $13.1 billion budget for fiscal 2022 late Thursday night that creates a business tax on...

Senate committee approves amended cannabis legislation

PROVIDENCE – The Senate Committee on the Judiciary voted in favor of passing amended legislation that would legalize, tax, and regulate cannabis in the...

McKee taking ‘wait and see’ approach on cannabis legislation

PROVIDENCE – Gov. Daniel J. McKee said he is adopting a “wait and see” approach regarding recreational marijuana legislation that is sitting at a...

Change is coming at Metacomet

Development doesn’t always equal progress and prosperity, or the certain destruction of natural resources and residential neighborhoods. The truth is rarely so black and white....
RHODE ISLAND's second quarter tax revenue was projected to decline between $287 million and $482.4 million year over year, depending on the rate of unemployment in the state. / AP FILE PHOTO/ANDREW HARNIK

Boston Fed sees R.I. Q2 tax revenue drop of at least...

PROVIDENCE – The Federal Reserve Bank of Boston on Thursday projected Rhode Island’s state tax revenue will decline between $287 million and $482.4 million...
REAL TAX revenue in Rhode Island increased an inflation-adjusted 3.9% from the state's pre-recession peak in the third quarter of 2006 through the first quarter of 2019. / COURTESY THE PEW CHARITABLE TRUSTS

Report: R.I. real tax revenue up 3.9% in Q1 2019...

PROVIDENCE – Real tax revenue in the first quarter of 2019 in Rhode Island was 3.9% higher than the pre-recession peak in the third quarter...
CASH COLLECTIONS in September totaled $391.3 million, a $74.7 million increase year over year.

DOR: R.I. cash collections rise $74.8M in Sept., reflecting business tax...

PROVIDENCE – Cash collections by the state for September totaled $391.3 million, a 23.6 percent increase year over year from one year prior, according...

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