Today, the Rhode Island Public Expenditure Council (RIPEC) released an analysis of  Rhode Island’s budget outlook based on the preliminary FY 2012 closing, debt position, and 2012 ballot questions.  The full report is available here.  Due to increased revenues and lower-than-anticipated expenditures, the state’s projected opening surplus for FY 2013 was increased by roughly $22 million.  …

RI’s Budget Outlook, Debt Position and 2012 Ballot Initiatives Read More »