Rhode Island Public Expenditure Council

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Rhode Island Public Expenditure Council

State Finance

Key Questions Remain in Proposal to Shore Up Flagging RIte Share Program

Budget, Expenditures, Revenues, State Finance, Tax Policy / By

PROVIDENCE, RI – A Rhode Island Public Expenditure Council policy brief released today finds that elements of the administration’s plan to bolster the state’s flagging RIte Share program may require greater consideration. Through the RIte Share program, the state covers out-of-pocket expenses on employer-sponsored health insurance for Medicaid-eligible employees and their families. The policy brief breaks …

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May 2020 Consensus Revenue Estimating Conference Points to Slow Recovery of State Revenues

Budget, Economic development, Revenues, State Finance, Tax Policy, Unemployment, Wages / By

PROVIDENCE, RI – A new Rhode Island Public Expenditure Council report warns that Rhode Island may experience a long-term shortfall in general revenues and finds that while the state recovered all the jobs lost during the Great Recessions several years ago, its inflation-adjusted general revenue levels had yet to recover, before the pandemic. The report, “Rhode …

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Assembly Relies on Rainy Day Fund, Federal Pandemic Funding to Balance FY 2020 Supplemental Budget

Budget, Expenditures, Revenues, State Finance / By

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 …

Assembly Relies on Rainy Day Fund, Federal Pandemic Funding to Balance FY 2020 Supplemental Budget Read More »

Unemployment Trust Fund Solvency Threatened, Rate Hikes Likely; TDI Stable but Rates Hikes Likely

Business Climate, Economic development, Human services, State Finance, Tax Policy, Taxation, Unemployment, Unemployment Insurance / 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 …

Unemployment Trust Fund Solvency Threatened, Rate Hikes Likely; TDI Stable but Rates Hikes Likely Read More »

RI Faces Severe Budget Challenges From COVID-19 Crisis Without More Federal Aid

Budget, Revenues, State Finance, Taxation / By

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 …

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How Rhode Island Expenditures Compare: 2019 Edition

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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

Budget, Municipal Finance, Revenues, State Finance, Taxation / By

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

Budget, Expenditures, Municipal Finance, Revenues, State Finance, Taxation / By

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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RIPEC Policy Brief: Adopting a State-Based Individual Shared Responsibility Payment

Budget, Human services, Medicaid, Revenues, State Finance, Taxation / By

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 …

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How Rhode Island Expenditures Compare: 2018 Edition

Budget, Business Climate, Economic development, Expenditures, State Finance, Taxation / By

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 …

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RIPEC is a nonpartisan and nonprofit public policy research organization dedicated to providing objective research and analysis that addresses the critical challenges surrounding public finance and economic opportunity in Rhode Island.
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