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2006 Debt and Bond Referenda Analysis

With voters being asked to consider six bond questions that would authorize $229.3 million in new general obligation debt, this issue of RIPEC Comments summarizes the proposed referenda and key facts concerning public debt in the Ocean State. The following report reviews general obligation bonds, Rhode Island’s debt levels, debt service and general revenue, debt …

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2006 Property Tax Burdens in the Ocean State

Property taxes are creating financial hardships for many Rhode Island families – especially those on fixed incomes and those trying to purchase their first home. A recent poll commissioned by RIPEC asked “which tax (property, income or sales) would you want to see permanently reduced?”  Nearly 58.0 percent of respondents said the property tax. The …

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