PROVIDENCE, R.I. – The Rhode Island Public Expenditure Council released today an analysis of the seven ballot initiatives totaling $400 million to be considered by Rhode Island voters at a special election on March 2, 2021. The report looks at each bond referendum in terms of its return on investment, consistency with long-term state debt …
RIPEC Supports Borrowing for State Bond Referenda Read More »
PROVIDENCE, R.I. – Rhode Island is facing a $513.7 million budget deficit in FY 2022 if expenditures continue to grow as projected and one-time federal funding is no longer available to plug state general revenue expenditures, based on an analysis by the Rhode Island Public Expenditure Council. The so-called “skinny” FY 2021 state budget enacted …
Rhode Island Facing Over $500 Million Potential Deficit For Next Fiscal Year Read More »
PROVIDENCE, RI – While economic activity in Rhode Island grew in the third quarter of 2020 and the state recovered a significant number of jobs as compared to the second quarter of 2020, economic activity continues to be severely constrained. These projections were released today in the Rhode Island Current Economic Indicator Briefing, published jointly by …
Q3 2020 CEI Shows Partial Recovery, Constrained Economic Activity Read More »
PROVIDENCE, RI – A new Rhode Island Public Expenditure Council report released today raises concerns about increased inequity across Rhode Island’s public elementary and secondary education system since the onset of the COVID-19 pandemic. The report, entitled “Elementary and Secondary Education in the Pandemic: An Analysis of School Reopening and Distance Learning in Rhode Island,” analyzes …
