Before any changes to the state’s tax policy are made, the impact must be carefully considered, using the most recent data available, to ensure that the resulting state-local tax structure is equitable, fair, balanced and serves to strengthen the state’s economy – in both the short term as well as the long term. Even in …
Today, RIPEC released the results of a six-month study commissioned to forecast revenue and expenditures for Aquidneck Island over the next six years. RIPEC was asked to prepare a revenue and expenditure forecast of school and municipal expenditures and revenues for Middletown, Newport and Portsmouth in partnership with the AI Advisory Group and Ninigret Partners. …
Today, RIPEC released a study on revaluation of property in the Ocean State. Periodic revaluation of property is an effort to provide fairness in the process by changing assessments to reflect current values. Revaluations are a necessary process to address the reality that properties appreciate and depreciate at different rates. During the recent period of …
Property taxes are creating financial hardships for many Rhode Island families – especially those on fixed incomes and those trying to purchase their first home. A recent poll commissioned by RIPEC asked “which tax (property, income or sales) would you want to see permanently reduced?” Nearly 58.0 percent of respondents said the property tax. The …
This RIPEC report summarizes the findings of a property tax burden comparison among the fifty states developed in partnership with the National Taxpayers Conference – a national, nonprofit corporation whose members are devoted to the pursuit of objective analysis of public finance issues. The study surveys 53 urban and 50 rural cities across the United …
RIPEC was asked to review the central administrative function of the Warwick School Department. The following report, Management Study and Benchmarking Analysis of the Warwick School District, provides recommendations for the District. RIPEC focused most of its attention on the operations of the Central Business Office (CBO), and has reviewed similar activities performed by the …
This RIPEC publication – “Rhode Island 2010” – builds on recent RIPEC work forecasting selected demographic trends through 2010. There are certain socio-economic factors that influence eligibility for entitlement programs, education services and other programs, and the projected growth in many segments of Rhode Island’s population will have an impact on the resources needed to …
