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Rhode Island state budget (2011-2012)

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Note: This article was last updated in 2012. Click here for more recent information on state budgets and finances.

The legislature approved the $7.7 billion state budget on June 29, 2011 and Gov. Lincoln Chafee signed it the following day.[1][2] The budget can accessed here.

The state had faced a $290 million deficit for fiscal year 2012 according to estimates in November 2010.[3]

The fee and tax increases in the budget were expected to generate $20 million in new revenue.[4]


Legislative proposed budget

The legislature approved the $7.7 billion state budget on June 29, 2011, with the Senate voting 30-7 for passage and the House approving it five days earlier with a vote of 60-9 in favor.[2][5]

Governor's proposed budget

The state budget office instructed agencies to submit two budget plans for fiscal year 2012: one maintaining current services and another reducing costs by 15 percent.[6]

Gov. Lincoln Chafee proposed his $7.66 billion fiscal year 2012 budget to the General Assembly on March 8, 2011. The state faced a projected $331 million budget deficit in the fiscal year beginning July 1.[7]

Footnotes