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Good for them! Who is paying for all this free stuff?
Posted on: January 23, 2017 at 13:53:10 CT
Spanky KU
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http://wpri.com/2016/12/06/ri-facing-112m-budget-deficit-next-year/
RI on track to finish budget year with $59M surplus
RI tax revenue on the upswing once again
RI budget surplus comes in $44M above forecast
PROVIDENCE, R.I. (WPRI) – Rhode Island’s tax revenue is on the rise, but not by nearly enough to offset the red ink looming in the next state budget.
The House Fiscal Office said Tuesday it estimates the state is facing a deficit of about $112 million in the 2017-18 fiscal year. The deficit forecast had been even higher last summer – when it was roughly $185 million – but was recently lowered thanks to rising revenue and unexpectedly large surpluses this year and last year.
RI on track to finish budget year with $59M surplus
RI tax revenue on the upswing once again
RI budget surplus comes in $44M above forecast
PROVIDENCE, R.I. (WPRI) – Rhode Island’s tax revenue is on the rise, but not by nearly enough to offset the red ink looming in the next state budget.
The House Fiscal Office said Tuesday it estimates the state is facing a deficit of about $112 million in the 2017-18 fiscal year. The deficit forecast had been even higher last summer – when it was roughly $185 million – but was recently lowered thanks to rising revenue and unexpectedly large surpluses this year and last year.
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Good for them! Who is paying for all this free stuff? - Spanky KU - 1/23 13:53:10