AGP Executive Report
Last update: 7 hours agoBudget Outlook: Rhode Island’s revenue forecast rose by $109 million, but Gov.-elect Helena Foulkes says she’ll stay cautious as analysts project large deficits in coming years and federal cuts threaten Medicaid and food assistance. Medicaid Dispute: Neighborhood Health Plan is suing the state, alleging it owes $100 million in reimbursements, some dating back more than a decade. Energy Bills: Rhode Island Energy plans deeper discounts for low-income customers in early 2027, as protesters highlight delivery fees they say can top $70 on $50 worth of electricity. New England governors are also seeking $3 billion in emergency heating aid. Economic Signals: The state’s economy posted a strong September, according to a URI economist, while minority- and women-owned businesses received a record 18.1% of state purchases and contracts in fiscal 2026. Higher Education: URI drew a record 29,267 undergraduate applications, even as enrollment fell to 17,168 students.
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