Our economy is making progress, but there is much more work to do to create growth that includes everyone. If we remain committed to growing 21st century businesses and attracting high-wage, high-skill jobs, I am confident that we will achieve our shared goal of creating jobs and expanding opportunity for all Rhode Islanders.
My proposed budget closes an estimated shortfall of $49.5 million, down from the FY 2016 deficit of $190.4 million. A combination of last year’s reforms to control cost and grow stronger revenues have improved the state’s fiscal situation.
– Governor Gina M. Raimondo