Municipal Finance

Rhode Island’s Funding Formula After Ten Years: Education Finance in the Ocean State

PROVIDENCE, RI – The Rhode Island Public Expenditure Council released a report on Rhode Island’s education finance system today. The report, the third in RIPEC’s series on municipal finance, found that the overhaul of the state’s education finance system a decade ago has been successful in increasing the state’s share of overall education revenues and …

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How Rhode Island Compares: 2022 Edition

PROVIDENCE, R.I. – The Rhode Island Public Expenditure Council released today an analysis of “How Rhode Island Compares” to the U.S. and New England on state and local revenues and expenditures, using the most recent data available from the U.S. Census Bureau (from fiscal year 2019). The report provides valuable insights for policymakers, given the …

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A System Out of Balance: Property Taxation Across Rhode Island

PROVIDENCE, R.I. – Rhode Island struggles with large imbalances in property wealth, as well as striking differences among the tax burdens of resident homeowners, nonresident homeowners, and businesses, according to a report released today by the Rhode Island Public Expenditure Council (RIPEC). The report, “A System Out of Balance: Property Taxation Across Rhode Island,” found …

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An Introduction to Municipal Finance in Rhode Island

PROVIDENCE, R.I. – The Rhode Island Public Expenditure Council released today “An Introduction to Municipal Finance in Rhode Island.” The first of a series, in this report RIPEC establishes a foundational overview of the structures of municipal finance in Rhode Island to serve as a backdrop for a more in-depth investigation into subject areas affecting …

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How Rhode Island Compares

PROVIDENCE, R.I. – The Rhode Island Public Expenditure Council released today an analysis of “How Rhode Island Compares” to the U.S. and New England on state and local revenues and expenditures, using the most recent data available from the U.S. Census Bureau (fiscal year 2018). In addition to comparing the Ocean State’s revenues and spending …

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How Rhode Island Expenditures Compare: 2019 Edition

PROVIDENCE, R.I. (December 2019) – Today RIPEC released its annual report, How Rhode Island Expenditures Compare: 2019 Edition, which provides details on state and local government expenditures in fiscal year (FY) 2017, the most recent year for which national data are available. Using data released by the United States Census Bureau, the publication compares Rhode Island’s …

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How Rhode Island Revenues Compare: 2019 Edition

PROVIDENCE R.I. (December 2019) – Today RIPEC released its annual report, How Rhode Island Revenues Compare: 2019 Edition, which provides details on state and local government revenue sources from Fiscal Year (FY) 2017, the most recent year for which data are available. The publication compares Rhode Island’s fiscal system with those of the other 49 states …

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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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