PROVIDENCE, RI — Six months into the new fiscal year, Rhode Island finally has a state budget.
"In the face of historic challenges and economic uncertainty, it is critical that we continue to make investments in education, job training, and economic development that will help us recover from this recession," Raimondo said when she signed the budget bill into law. "I want to thank the General Assembly for their hard work and flexibility under these extraordinary circumstances."
The budget process was repeatedly delayed by Gov. Gina Raimondo and state lawmakers as officials waited for the federal government to make a decision about a second round of coronavirus stimulus funding. Last week, both the House of Representatives and Senate approved a "skinny budget" that includes additional funding for hard-hit Rhode Islanders, as well as budget questions that will be put forth to voters in a special election in March.
"This balanced budget will lay the foundation we need to create a more resilient, inclusive and equitable Rhode Island," Raimondo continued. "I look forward to building on that foundation and making crucial investments in new housing, pre-K classrooms, beaches and parks, institutions of higher education, roads, bridges, and other infrastructure by passing our state's bond initiatives in March."