Recap of Governor Raimondo’s 2017 Budget ProposalFebruary 05, 2016
RI’s governor Gina Raimondo has proposed a $9 billion budget to address the state’s education, workforce, and health needs.
Governor Gina Raimondo released a nearly $9 billion budget proposal on Tuesday, February 2nd. Highlights of her budget include: an increased state investment in both education and workforce preparation, and new initiatives to bolster the state’s economy.
State Investment in Education
Gov. Raimondo has proposed a number of improvements to education, namely:
- $80 million appropriation for construction and renovation, including $9.1 million for the school building authority,
- $40 million general obligation bond to renovate and modernize school facilities with a focus on health and safety and investing in STEM learning spaces,
- Funding free PSATs and SATs for public high school students,
- Making college more affordable by freezing college tuition with record investments at URI, RIC and CCRI and continuing need-based Rhode Island’s Promise scholarships,
- Expanding P-TECH so more students can earn associate degrees in competitive fields, and
- Investing in workforce development initiatives, like Real Jobs RI and TechHire, to train Rhode Islanders for well-paying 21st century jobs.
Gov. Raimondo is seeking to improve RI’s workforce, by:
- Expanding R&D tax credit by $5 million,
- Fostering innovation in our economy by leveraging higher education to create jobs,
- Increasing the minimum wage to $10.10 per hour, and
- Expanding Wavemaker Fellowship student loan repayments and offering down payment assistance on homes for recent graduates through the Ocean State Grad Grant.
Health & Wellness
To address health needs in the state, Gov. Raimondo is proposing to:
- Fight the overdose epidemic by investing in treatment, recovery centers and training, and
- Increase funding to support senior services like Meals on Wheels and ensure that every community has a senior center
Gov. Raimondo hopes to achieve success by strengthening RI’s economy and advancing its industries. She feels that only this will place RI at a level playing field with the rest of the country. Stay tuned for updates on how these proposals move forward. Questions? Contact us.