EPI Report details four transformative and equity-centered ways Rhode Island can invest ARPA funding

UpRise RI As Rhode Island lawmakers are engaged in final negotiations over the FY2023 state budget, the Economic Progress Institute (EPI) has published a report outlining how Rhode Island can shift expenditures of some American Rescue Program Act (ARPA) State Fiscal Recovery Funds (SFRF) as proposed in the Governor’s recommended budget to items that both embrace transformation and center equity. …

Four Transformative and Equity-Centered Ways to Expend ARPA State Fiscal Recovery Funds

INTRODUCTION As policymakers negotiate a final budget for FY2023 and institute a plan for spending the entirety of Rhode Island’s American Rescue Plan Act (ARPA) State Fiscal Recovery Funds (SFRF), we find ourselves at a critical juncture. If nothing changes, we are likely to spend the state’s ARPA SFRF in a scattershot manner, funding lots of small projects, but spreading …

RI has resources to lift children from extreme poverty

Elizabeth Lange Special to Providence Journal (Print Edition) The time to act is now to lift more than 5,000 children in Rhode Island out of extreme poverty. The measure commonly used to define poverty is the federal poverty level (FPL), and equates to $1,919 per month for a family of three. Extreme poverty is defined as half of FPL — …

Summary of Governor’s Proposed FY2023 Budget

Proposals Important to the Fiscal Health of the State and Its Residents This analysis summarizes policy proposals and spending recommendations of particular relevance to low-income and modest-income Rhode Islanders and the advancement of their economic opportunity included in the Governor’s proposed FY2023 budget. Until the Governor and the General Assembly negotiate a final budget, Rhode Islanders will have opportunities to …

Revised FY2022 Supplemental Budget Enacted – Will Allocate 10% of American Rescue Plan Act Funds

On January 4, 2022, Rhode Island’s House and Senate passed and Governor Dan McKee signed into law a supplemental budget for the current fiscal year, FY2022. Originally proposed in October 2021 and then amended and approved by the General Assembly’s finance committees in December, the legislation allocates approximately 10% of Rhode Island’s $1.13 billion in flexible state Fiscal Recovery Funds …

The Economic Progress Institute Announces New Executive Director

PROVIDENCE, RI—The Economic Progress Institute is pleased to announce the appointment of Weayonnoh Nelson-Davies as its new Executive Director. Succeeding Rachel Flum and Interim Executive Director Margaux Morisseau, Nelson-Davies will lead the Economic Progress Institute in the next phase of its work to provide research, education, and advocacy on policies that improve economic security and opportunity for Rhode Islanders. Since …

Governor McKee’s FY2022 Supplemental Budget Proposal

On October 7, 2021, Governor Dan McKee submitted to the chairpersons of the House and Senate Finance Committees a proposal to amend the current fiscal year’s budget (FY2022) by allocating approximately 10% of Rhode Island’s $1.13 billion in flexible state Fiscal Recovery Funds from the American Rescue Plan Act (ARPA). Prior to the submission, a special House Task Force and …

RI Foundation: Use federal COVID aid to build homes, not to fix Superman Building

Patrick Anderson The Providence Journal PROVIDENCE — Rhode Islanders had plenty of ideas — more than 400, in fact — on how the state should spend its $1-billion American Rescue Plan windfall. They ranged from writing every resident a $600 check to investing in nuclear reactors to renovating the “Superman” building. But after six months of studying and compiling ideas, policy experts convened by the Rhode …

RI Foundation: Use federal COVID aid to build homes, not to fix Superman Building

The state needs to correction issues residents faced long before the COVID-19 pandemic, the foundation’s president and CEO said By Alexa Gagosz Globe Staff,Updated October 19, 2021, 9:30 a.m. PROVIDENCE — Lawmakers in Rhode island are about to meet in committee hearings to develop ways in which Governor Dan McKee’s administration can spend the state’s $1.13 billion in federal dollars. …