McKee Proposes $14.2B Rhode Island State Budget for 2025-26

An ongoing gap between expenditures and revenue spells more red ink

Office of Management and Budget Director Brian Daniels talks about the budget as state Administration Director Jonathan Womer listens.
Office of Management and Budget Director Brian Daniels talks about the budget as state Administration Director Jonathan Womer listens.
Ian Donnis / The Public’s Radio
Share
Office of Management and Budget Director Brian Daniels talks about the budget as state Administration Director Jonathan Womer listens.
Office of Management and Budget Director Brian Daniels talks about the budget as state Administration Director Jonathan Womer listens.
Ian Donnis / The Public’s Radio
McKee Proposes $14.2B Rhode Island State Budget for 2025-26
Copy

Rhode Island Gov. Dan McKee’s latest $14.2 billion budget proposal adds about a quarter-billion dollars from the current spending plan, reflecting the challenge of fueling the government in a state where expenditures continue to outpace revenue.

McKee said his budget, which he unveiled Thursday, would close an approximately $250 million deficit without any broad-based tax increases.“It will not just protect Rhode Island’s progress, it will protect the taxpayers of our state,” McKee said.

The proposal banks on $10 million in revenue from the eventual restart of the RhodeWorks truck-tolling program, following a recent court decision, and predicts that amount will grow to $40 million in fiscal 2026-27.

The spending plan includes investments meant to spark economic growth, increases in education aid, and a proposed ban on new sales of semiautomatic rifles sometimes called assault weapons.

This story was reported by The Public’s Radio. You can read the entire story here.

Judge calls the Justice Department’s request a “fishing expedition” for sensitive voter information
The city council approved the Providence Rent Stabilization Act on Thursday, which would have placed a 4% cap on annual rent increases for most Providence apartments
Officials project $38 million a year once tolling resumes, but spending obligations have outpaced revenue by millions
The Providence City Council is still one vote short of a supermajority that could override Mayor Brett Smiley’s expected veto. The policy would cap annual rent increases at 4% with exceptions for owner-occupants.
Mayor Ken Hopkins says a 7.4% tax increase is necessary to maintain city services and close the existing budget gap
Plus: the Rhode Island Black Film Festival, opening day at the drive-in and more