Municipal Finance

RIPEC Releases Government Finance Volume in Rhode Island in Context Series

PROVIDENCE R.I. (September 2019) – Today, the Rhode Island Public Expenditure Council released the first of three volumes that comprise “Rhode Island in Context: Regional and Historic Trends,” 2019 Edition. “Volume I: Government Finance”.  “Rhode Island in Context” provides summaries and analyses of the most current national, regional, and state data that measure the Ocean State’s …

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The Governor’s FY 2016 Budget as Proposed

PROVIDENCE – On Friday, May 29, the Rhode Island Public Expenditure Council (RIPEC) released comments on the Governor’s FY 2016 budget as proposed. The full report is available here. As the General Assembly debates the budget proposal, RIPEC believes that there are several components that deserve particular attention. These important considerations include the Governor’s proposed economic …

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How Rhode Island Revenues Compare – 2014 Edition

PROVIDENCE R.I. (March 2015) – Today RIPEC released its annual report: How Rhode Island Revenues Compare, whichprovides details on state and local government revenue sources from Fiscal Year 2012, the most recent year for which national data are available. The publication compares Rhode Island’s fiscal system with those of the other 49 states and the national …

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City of Pawtucket Management Study

The Rhode Island Public Expenditure Council (RIPEC) was approached by the honorable Mayor Donald Grebien to begin work on the Pawtucket Benchmarking and Management Study. RIPEC has conducted in-depth research on areas to increase efficiencies and has collaborated with Pawtucket’s members of the Executive, Finance, Planning, Public Works, and Public Safety departments to implement more …

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City of Providence Task Force on Economic Development

On May 27, 2013, the Providence City Council (the “Council”) approved a resolution establishing a 15-member City of Providence Task Force on Economic Development (the “Task Force”).  As stated in the resolution, the Task Force’s mission was: Recommending an implementation plan for identified economic development strategies for Providence, taking into account current assets, challenges, and …

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2013 Association for Budgeting and Financial Management Presentation

On October 3, 2013, John Simmons of RIPEC was asked to present at the Association for Budgeting and Financial Management conference in Washington, D.C. The title of the panel was “Too Big to Fail: The Fiscal Crises Facing Six U.S. Cities and What State and Local Leaders Need to Know to Address Them,” and John …

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Bond Issuance and Default

PROVIDENCE – On Tuesday, June 18, the Rhode Island Public Expenditure Council (RIPEC) will release comments on the state’s considerations related to bond obligation repayment. RIPEC’s analysis, which included an overview of Rhode Island’s current debt burden, explored the consequences of potential bond default on the payment for the 38 Studios loan guaranty. As illustrated …

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Special Districts in Rhode Island

PROVIDENCE – On Tuesday, May 14, the Rhode Island Public Expenditure Council (RIPEC) will release comments on the organization and operation of special districts in Rhode Island. As on the most recent Census, there were 91 special districts in the state, 44 of which were fire districts.  Although these districts perform valuable services, recent events …

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Fiscal Stress and Municipal Bankruptcy in Rhode Island

PROVIDENCE – On Monday, April 2, 2012, the Rhode Island Public Expenditure Council (RIPEC) will release a Public Policy Issue Brief titled “Fiscal Stress and Municipal Bankruptcy: History and Implications for Rhode Island”.  The brief examines the current fiscal climate in Rhode Island’s cities and towns, Chapter 9 bankruptcy code, the process the state has …

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