Chafee: 2012 ‘year of ?the cities and towns’

PBN Staff More

To continue reading this article, please do one of the following.



GOVERNMENT

Chafee: 2012 ‘year of ?the cities and towns’

Posted 2/6/12

PBN Staff

Calling 2012 “the year of the cities and towns,” Gov. Lincoln D. Chafee in his state-of-the-state speech last week proposed nearly $40 million in additional education funding to local communities.

The money would come from a 2 percent increase in the state’s meal and beverage tax, part of a series of tax increases designed to generate $75.3 million in new revenue.

“Cuts in state aid to cities and towns have not only led to higher property taxes and stifled job creation, it has also drawn resources from our schools,” Chafee said. “If we want our children to compete for the jobs of the future, they must have good schools.”

Many of the state’s municipal leaders are looking to Chafee and state lawmakers for help in dealing with the burgeoning costs of underfunded health plans.

Chafee’s budget proposal, which will now be considered by the General Assembly, did not address the issue. In his speech, however, he promised a plan to tackle “the municipal pension crisis.

“I will soon introduce legislation that provides a path to solvency for our underfunded local plans,” he said.

Chafee’s budget did announce creation of the Governor’s Jobs Cabinet, which he said would seek “to retain and expand existing businesses, attract and cultivate employers in high-growth industries and develop a skilled work force that meets business demand.

“We must make Rhode Island a state that is not only primed for job creation, but also supports its existing business base and helps it to grow,” he said. •

No comments on this story | Add your comment
Please log in or register to add your comment
Calendar
PBN Hosted
Events

Register today for the First Annual PBN Manufacturing Awards Dinner and Ceremony, Thursday, April 24th, at the Bryant University Bello Center. Click here for more information, including the list of winners.
  • Business Women
    Accomplished. Confident. Wicked Smart. Nominate women you know who deserve speci ...
  • 40 Under Forty
    It's the 10th Anniversary of 40 Under Forty, and PBN is planning a special event ...
  • Healthiest Employers
    Enrollment now open for the 2014 Healthiest Employers Program. Please take a mom ...
Advertisement
Purchase Data
Book of Lists
Lists
Book of Lists cover
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.
Data icons
Data can be purchased as single lists, in either Excel or PDF format; the entire database of the published book, in Excel format; or a printed copy of the Book of Lists.
  • Purchase an e-File of a single list
  •  
  • Purchase an e-File of the entire Book of Lists database
  •  
  • Purchase a printed copy of the Book of Lists
  •  
    National
    Local
    Latest News