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City of Providence Task Force on Economic Development

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 …

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How Rhode Island Revenues Compare- 2013 Edition

PROVIDENCE R.I. (October) – Today RIPEC released its annual report: How Rhode Island Revenues Compare, which provides details on  state and local government revenue sources from fiscal year 2011, the latest 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 …

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2013 Economic Development Legislative Update

PROVIDENCE – On Tuesday, June 25, the Rhode Island Public Expenditure Council (RIPEC)  released comments on the state’s considerations to reform economic development. This report provides an overview and status of the House and Senate economic development legislative packages, the General Assembly’s proposed FY 2014 budget, and summarizes other legislation with potential business climate impacts. …

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May 2013 Revenue Estimating Conference – Impact on the FY 2013 and 2014 State Budgets

PROVIDENCE – On Tuesday, June 4, RIPEC will release its comments on the May 2013 Revenue and Caseload Estimating Conferences, and their projected impact on the FY 2014 budget.  The May Conference decreased revenue estimates for FY 2013.  At the same time, projected medical assistance expenditures from general revenues also decreased.  Taken together, the estimates …

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