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
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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
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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.

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