Police are investigating two separate overnight stabbings that …
A former city of Providence employee pleaded no contest to a …
A Rhode Island war hero was finally memorialized Friday, nearly…
Attorney General Peter Kilmartin said a pending case in another…
Advertisement
RI ends fiscal year with surplus
State ends up $115 million in the black
Updated: Tuesday, 04 Sep 2012, 10:37 PM EDT
Published : Tuesday, 04 Sep 2012, 10:37 PM EDT
PROVIDENCE, R.I. (AP) -- Rhode Island ended its most recent fiscal year $115 million in the black.
The Providence Journal reports Tuesday that the new number comes from the state controller's closing statement for the fiscal year that ended July 30.
The surplus is higher than expected.
According to the controller state revenue for the year was nearly $13 million greater than expected, while general revenue expenses were $29 million less than originally budgeted.
Before the fiscal year ended state budget officials had estimated that the surplus would be $102 million.
Ground rules for posting comments: No profanity or personal attacks. Please comment on the subject of the story itself. If you do not follow these rules, we will remove your post. Keep it civil, folks!
Our commenting section is powered by IntenseDebate. If you registered for an account but didn't receive a verification e-mail, check your spam folder or click here for more information. For additional technical help, click here.
Email This
Print This
View Story on a Single PageAdvertisement
Advertisement