Education

Preliminary Analysis of FY 2009 Year-end Statement and Out-year Projections

On Wednesday, September 23, 2009, RIPEC released its analysis of the state’s FY 2009 deficit and projections of out-year deficits. Based on a preliminary audit by the State Controller the fiscal year 2009 will close with a deficit of $61.7 million. The deficit is due to a revenue shortfall. Further exacerbating the situation are the …

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Rhode Island’s Safety Net Project

Providence, RI – The Rhode Island Public Expenditure Council (RIPEC) and United Way of Rhode Island (UWRI) are pleased to announce the release of a joint study of the Social Safety Net in Rhode Island on Thursday, August 20, 2009. This comprehensive research, the first of its kind in Rhode Island, is entitled “Social Safety …

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Aquidneck Island Consolidation Feasibility Study

RIPEC was commissioned by the Aquidneck Island Advisory Group, serving the three communities of Middletown, Newport and Portsmouth, to examine the feasibility of school consolidation or cooperation initiatives among these communities and their respective school districts. This study was designed to provide policymakers and stakeholders with the preliminary tools with which to evaluate consolidation on …

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Summary of FY 2009 and FY 2010 Budget Articles for Local Government and School Districts

This report identifies the budget articles that affect municipal government and local school districts and analyzes the potential impact on local government. The full report is available here. Over the last several years, both State and local governments have come under pressure to restructure government. The pressure has increased dramatically with the coming of the recession.  …

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Municipal Government Expenditures, FY 2004 – FY 2009

In FY 2009, local governments budgeted $3,189.1 million to support education and municipal services, including police, fire and public works.  Since FY 2004, the increase in local government expenditures has outpaced the growth in the State general fund budget, CPI and personal income in almost every year.  The majority of this expenditure growth has been …

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Local Government Pension Report 2009

On May 4, 2009, RIPEC released its analysis of local government’s pension system including pensions administered by the State of Rhode Island‘s Municipal Employees’ Retirement System (MERS) and locally-administered plans that are not in MERS. Currently, the State of Rhode Island administers the Municipal Employees Retirement System (MERS) for approximately 110 municipal pension plans for …

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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 …

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How Rhode Island Schools Compare, 2009

On Monday, February 2, 2009, RIPEC released its 2009 edition of “How Rhode Island Schools Compare”.  The report, which uses data from the National Education Association, compares education finances in the Ocean State to the other 49 states.Based on the most recent data from the United States Census Bureau, education spending represents the largest expenditure …

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How Rhode Island Expenditures Compare, 2008 Edition

RIPEC’s publication How Rhode Island’s State and Local Expenditures Compare – 2008 Edition compares Rhode Island’s expenditures – per $1,000 of personal income and per capita – with those of the other 49 states and the United States average. This year’s report includes data for both fiscal years 2006 and 1996, based on the United …

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