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 …
How Rhode Island Revenues Compare – 2014 Edition Read More »
This report provides an end-of-year update on the FY 2015 budget, as the version enacted in June has been altered by the November 2014 Revenue and Caseload Estimating Conference and agency overspending. A copy of the full report is available here, and the press release is available here.
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 …
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 …
City of Providence Task Force on Economic Development Read More »
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 …
2013 Association for Budgeting and Financial Management Presentation Read More »
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 …
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 …
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 …
Fiscal Stress and Municipal Bankruptcy in Rhode Island Read More »
Today, the Rhode Island Public Expenditure Council (RIPEC) released an issue brief on the state of pensions and pension reform measures being considered. The report comes as legislators are preparing to vote on a potential reform package this week, and it includes a primer on key pension concepts, a summary of changes to pension plans …
RIPEC Releases Analysis on Pension Issues and Key Reform Principles Read More »
The Rhode Island Current Economic Indicator (CEI) shows that the pace of the economic recovery slowed significantly in the third quarter of 2011, creating a dark cloud looming over future growth. According to a briefing released today by Bryant University and the Rhode Island Public Expenditure council, the CEI increased 0.9 percent (annualized rate). This …
State’s Growth Slows in Q3 According to RI Economic Indicator Read More »
