PROVIDENCE, RI – A new Rhode Island Public Expenditure Council report released today examines the measures taken by the Rhode Island General Assembly to pass a balanced supplemental budget for fiscal year (FY) 2020, which ended June 30, 2020. Specifically, the report looks at how the legislature solved for a general revenue deficit caused by …
PROVIDENCE, RI – A new Rhode Island Public Expenditure Council report released today finds that, because of the economic crisis resulting from the COVID-19 pandemic, Rhode Island’s unemployment insurance (UI) trust fund is projected to be insolvent by the end of September. As a result, employers are likely to pay significantly more in federal and state …
PROVIDENCE, R.I. (April 2020) – A new Rhode Island Public Expenditure Council report released today finds that unless more federal assistance is provided, the State of Rhode Island will likely have severe budget challenges as a result of the economic fallout connected with the COVID-19 public health emergency. The report, “The COVID-19 Economic Crisis: Federal Assistance …
RI Faces Severe Budget Challenges From COVID-19 Crisis Without More Federal Aid Read More »
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 …
How Rhode Island Expenditures Compare: 2019 Edition Read More »
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 …
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 …
RIPEC Releases Government Finance Volume in Rhode Island in Context Series Read More »
Today, RIPEC released a Policy Brief that considers whether adopting a state-based individual shared responsibility payment (SRP, or individual health insurance mandate penalty) is a sensible policy choice for Rhode Island. Based on a review of the theoretical arguments and empirical literature, RIPEC believes that adopting a state-based individual SRP, and dedicating those revenues to …
RIPEC Policy Brief: Adopting a State-Based Individual Shared Responsibility Payment Read More »
PROVIDENCE, R.I. (December 2018) – RIPEC today released its annual report, How Rhode Island Expenditures Compare: 2018 Edition, which provides details on state and local government expenditures in fiscal year (FY) 2016, 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 …
How Rhode Island Expenditures Compare: 2018 Edition Read More »
PROVIDENCE R.I. (November 2018) – Today RIPEC released its annual report, How Rhode Island Revenues Compare: 2018 Edition, which provides details on state and local government revenue sources from Fiscal Year (FY) 2016, the most recent year for which state and national data are available. The publication compares Rhode Island’s fiscal system with those of the …
PROVIDENCE R.I. (October 2018) – On November 6, Rhode Island voters will be asked to consider three ballot questions, which would authorize $589.5 million in additional debt costs, accounting for estimated interest and borrowing costs. Today, the Rhode Island Public Expenditure Council (RIPEC) released a report intended to assist voters as they consider these ballot …
Report on November 2018 Ballot Initiatives and State’s Debt Position & Budget Outlook Read More »
