The Poverty Institute works to develop and promote policies to improve the economic security of low- and modest- income Rhode Islanders and ensure that tax and budget policies are equitable and adequate to fund vital public services.
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REVENUE AND CASELOAD ESTIMATING CONFERENCE MAY 2009
The Revenue Estimating Conference met on Monday, May 11, 2009 and revised the estimated revenues for FY2009 and FY2010 based on the testimony the Conference received previously. The conferees determined that the State will have $201 million less than expected when compared to the adopted FY2009 Supplemental appropriations and the Governor's proposed FY2010 budget. Revenues will be $70 million less in FY2009 and $131 million in FY2010.