Economic development

Summary of Governor’s FY 2010 Budget Request

The State of Rhode Island has, for many years, faced an annual structural budget deficit with repeated out-year projected deficits.  These deficits have inhibited the state’s ability to make strategic long-term budget decisions needed to stimulate economic growth, support a predictable basic services system and to provide funding for long-term investments. State budgets with projected …

Summary of Governor’s FY 2010 Budget Request Read More »

How Rhode Island Compares – National and State Fiscal and Economic Trends

RIPEC’s publication “How Rhode Island Compares, National and State Fiscal and Economic Trends” examines the current state and national fiscal condition and compares Rhode Island to the other states. It also provides an overview of some economic indicators, including unemployment, personal income, energy and housing.  To put the data in a historic context, the appendix …

How Rhode Island Compares – National and State Fiscal and Economic Trends Read More »

Summary of Governor’s FY 2009 Budget Request

The proposed FY 2009 general revenue request of $3.3 billion represents a 2.9 percent reduction from the FY 2008 revised supplemental budget.  As presented the budget proposes, for the first time since 1993, a year-over-year reduction in spending.  This is a significant change from previous years and signals recognition of the historic growth of spending.The …

Summary of Governor’s FY 2009 Budget Request Read More »

A System at Capacity – Rhode Island’s State and Local Tax System

Today, June 5, 2008, the Rhode Island Public Expenditure Council released an executive summary of “A System at Capacity”, an updated report on Rhode Island’s state and local tax system, which reviews the state’s current tax structure vis-a-vis the national average, Massachusetts, and Connecticut.  The report examines the personal income tax, general sales and excise …

A System at Capacity – Rhode Island’s State and Local Tax System Read More »

How Rhode Island Revenues Compare, 2008 Edition

On Tuesday, June 3, 2008, RIPEC released its annual report on How Rhode Island Compares, a survey which shows how Rhode Island’s state and local tax burden compares to the other 49 states for fiscal years 1996 and 2006.  This report finds that for every $1,000 of personal income state and local governments in the …

How Rhode Island Revenues Compare, 2008 Edition Read More »

How Rhode Island Revenues Compare – 2007 Edition

On Monday, July 9, RIPEC will release its annual analysis of How Rhode Island Compares, a report which examines the State’s relative ranking position on various taxes and other revenues.  The report uses state and local government finances compiled by the United States Bureau of the Census for fiscal year 2005, the most recent year …

How Rhode Island Revenues Compare – 2007 Edition Read More »

Businesses’ Share of State and Local Taxes

Businesses in Rhode Island paid 46.0 percent of total state and local taxes according to a study published by Ernst & Young in conjunction with the Council on State Taxes. This RIPEC Comments analyzes the state and local taxes paid by businesses in the Ocean State and compares those tax payments to Massachusetts and Connecticut, …

Businesses’ Share of State and Local Taxes Read More »

Summary of Governor’s FY 2008 Budget Request

Today RIPEC released a report encouraging an Investment-Based Budgeting process as a response to the proposed FY 2008 State Budget. The report provides a series of goals that RIPEC’s proposed Fiscal Get Well Plan incorporates. The goals of this plan include: A Three to Five Year Binding Cap on State Spending Growth. The Governor proposed …

Summary of Governor’s FY 2008 Budget Request Read More »

Impact of the Streamlined Sales Tax Project on RI

In May 2000 RIPEC’s report, “A System Out of Balance – Rhode Island’s State and Local Tax System” urged that the Governor, General Assembly and private sector to support the efforts of the National Governors’ Association and others to streamline collections for state sales and use taxes in order to simplify the system and maintain …

Impact of the Streamlined Sales Tax Project on RI Read More »

How Rhode Island Revenues Compare – 2006 Edition

On Tuesday, June 20, 2006, RIPEC will release its annual report, How Rhode Island Compares – 2006 Edition.  This RIPEC report shows how Rhode Island’s state and local tax burden compares to the other 49 states both on a per capita basis and per $1,000 of personal income.  This data is based on the most …

How Rhode Island Revenues Compare – 2006 Edition Read More »

Scroll to Top

Sign Up For Our Newsletter