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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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 …
PROVIDENCE, R.I. – The Rhode Island Public Expenditure Council released today an analysis of the seven ballot initiatives totaling $400 million to be considered by Rhode Island voters at a special election on March 2, 2021. The report looks at each bond referendum in terms of its return on investment, consistency with long-term state debt …
RIPEC Supports Borrowing for State Bond Referenda Read More »
PROVIDENCE, R.I. – An analysis of the 2021 Business Tax Climate Index by the Rhode Island Public Expenditure Council shows a modest increase in Rhode Island’s ranking to 37th in the nation. The 50-state ranking shows Rhode Island improving two spots over its 2020 rank. The Index also shows Rhode Island ahead of its neighbor, Connecticut …
Rhode Island Ranks 37th in 2021 Business Tax Climate Index Read More »
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 …
Key Questions Remain in Proposal to Shore Up Flagging RIte Share Program Read More »
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 …
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. (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 »
PROVIDENCE, R.I. (November 2017) – RIPEC today released its annual report titled How Rhode Island Expenditures Compare: 2017 Edition, which provides details on state and local government expenditures in fiscal year (FY) 2015, the most recent year for which national data are available. The publication compares Rhode Island’s spending with that of the other 49 states …
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PROVIDENCE R.I. (November 2017) – Today RIPEC released its annual report, How Rhode Island Revenues Compare: 2017 Edition, which provides details on state and local government revenue sources from Fiscal Year (FY) 2015, the most recent year for which state and national data are available. The publication compares Rhode Island’s fiscal system with those of …
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