Friday, July 1, 2011
Governor Chafee's 2012 Budget Addresses State's Structural Deficits
Posted by
Patricia Thompson, CPA, PFS, MST
Governor Lincoln Chafee signed the fiscal year 2012 budget on June 30, 2011. The $7.7 billion plan begins to address the state’s structural deficits and includes expense reductions, revenue increases (rather than tax increases) and repays the rainy day fund. Click here to read highlights of the budget.
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