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Raimondo’s $1 Billion School Rehab Initiative Will Only Address One-Third of Need—Raimondo’s $1 Billion School Funding Program Will Only…

Raimondo Banking on $23M from Sports Betting in FY19 Budget Proposal for RI—Raimondo Banking on $23M from Sports Betting in…

Prov City Council Names Costa 1st Ever Female Internal Auditor—Prov City Council Names Costa 1st Ever Female…

10 Great Things to do in RI This Weekend - January 19, 2018—10 Great Things to do in RI This…

Friday on LIVE: Hobson of the ILLUSIONISTS, James-Gómez of RI for Community & Justice—Friday on LIVE: Hobson of the ILLUSIONISTS, James-Gómez…

Social Enterprise Greenhouse’s Dickson on 14 Businesses Taking Part in Newest Program—Social Enterprise Greenhouse's Dickson on 14 Businesses Taking…

LIVE: Knead Doughnuts Celebrates One Year, Expands Products & Services—LIVE: Knead Doughnuts Celebrates One Year, Expands Products…

LIVE: RI-Based Hope & Change for Haiti’s Germain Addresses Trump Remarks, Need for Action—LIVE: RI-Based Hope & Change for Haiti's Germain…

10 Great Things to do in Newport This Weekend - January 19, 2018—10 Great Things to do in Newport This…

LIVE: RI Chapter of the Women’s March Hold’s Rally at State House Saturday—LIVE: RI Chapter of the Women's March Hold’s…

 
 

Raimondo’s $1 Billion School Rehab Initiative Will Only Address One-Third of Need

Raimondo's plan will only address a portion of the need

Friday, January 19, 2018

On Tuesday night, Rhode Island Governor Gina Raimondo announced that she was proposing a $1 billion initiative to fix Rhode Island’s broken schools.

On Thursday, Raimondo’s budget gave more details. Of the $1 billion, $400 million is already being budgeted by the state over the next five years — $80 million a year.

In addition, the "billion" includes the $70 million budgeted each year -- for the next five years -- by cities and towns, for $350 million.

So of the big billion dollar proposal? $750 million is not "new" spending. And, a billion doesn't go as far as you think.

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5 Danger Areas for Raimondo’s Budget

Governor Gina Raimondo's budget faces a difficult review

Friday, January 19, 2018

Budgets are part art and part science. The budgeting process is additionally complex when Washington, D.C. fiscal policies are in a state of transformation. Then, add to the mix that this year is an election year and you get an extraordinary collection of factors that make Governor Gina Raimondo's budget one that faces multiple dangers in approval and execution.

To set the stage, this fiscal year has a $60 million shortfall that needs to be closed in the next five months.

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Side of the Rhode: Who’s Hot and Who’s Not? - January 19, 2018

Friday, January 19, 2018

Every Friday, GoLocalProv breaks down who is rising and who is falling in Rhode Island politics, business, and sports. 

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Raimondo Banking on $23M from Sports Betting in FY19 Budget Proposal for RI

Governor Gina Raimondo is betting on a Supreme Court case that would allow sports book gambling

Friday, January 19, 2018

Rhode Island Governor Gina Raimondo submitted her Fiscal Year 2019 budget proposal to the General Assembly on Thursday — and in an effort to close a projected $204.1 million budget deficit, the state is betting on $23.5 million from a proposal for sports betting at Twin River facilities.  

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Prov City Council Names Costa 1st Ever Female Internal Auditor

Providence City Council president David Salvatore

Friday, January 19, 2018

Providence City Council President David Salvatore has announced that Gina Costa has been elected as the city’s new internal auditor.

Costa is the first woman to be appointed to this position in the history of Providence.

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10 Great Things to do in RI This Weekend - January 19, 2018

The Illusionists at PPAC

Friday, January 19, 2018

There is plenty going on around the state of Rhode Island to keep you busy this weekend. From games, to concerts and shows, there are events for all ages. 

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Friday on LIVE: Hobson of the ILLUSIONISTS, James-Gómez of RI for Community & Justice

Jeff Hobson

Friday, January 19, 2018

Jeff Hobson from THE ILLUSIONISTS - Live from Broadway, joins GoLocal News Editor Kate Nagle on LIVE Friday to talk about the upcoming performances of the comical, stunt-filled, magic show at the Providence Performing Arts Center.

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10 Great Things to do in Newport This Weekend - January 19, 2018

Friday, January 19, 2018

There is plenty going on around Newport to keep you busy this weekend. From concerts to art exhibits, there are events for all ages. 

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Friday Financial Five – January 19, 2018

Friday, January 19, 2018

The tax changes apparently resonated with investors, as domestic and international markets started well. Following last year’s pattern, emerging markets and international investments are leading the way, both returning over 5 percent. Large and small U.S. stocks are returning between 3 and 5 percent. Meanwhile, domestic real estate is one area that received the tax changes negatively, down over 3 percent so far. Fixed income has also seen a sell off, with most areas slightly negative.

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RI Loses Jobs for 4th Time in Last 5 Months

RI sees job losses again in December

Friday, January 19, 2018

Rhode Island lost 600 jobs in the month of December, marking the fourth time in the last five months that the state has lost jobs. 

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