
RISC-Y Business February 26
Publicado el 2010-03-04 11:03:49 [0 comentarios]
RISC-Y Bulletin
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MI: Senate OKs limit on lawmakers’ retiree health benefits
But the sponsor of the bill, Rep. Dian Slavens, D-Canton Township, called for banning health benefits for current lawmakers, who qualify at age 55 if they serve at least six years in the Legislature. The Senate action today, which made minor changes in the House bill, goes back to the House for expected final approval. Gov. Jennifer Granholm also has called for ending the benefit, which has riled the public as Lansing struggles with yet another budget deficit.
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His recommendation to the Budget Board on Feb. 18 lowers the property tax levy by $531,616 - about $50 on a house assessed at $400,000. Almond's proposed budget for municipal and school operations calls for $70.1 million in spending next year, an increase of $123,015 compared to this year. | ||
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Almond: Schools should be level-funded
School officials had submitted a total budget request for fiscal year 2010-2011 of $48.58 million, an increase of 3.4 percent or $1.3 million above the $40.1 million local appropriation this year. But at the Budget Board meeting on Feb. 18, Almond urged the budgeters to reject the $657,121 the department requested for salary increases for the certified teaching staff, calling on the educators once again to agree to the pay freeze that all other municipal employees agreed to this year. | ||
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Paul D. Santilli: Central Falls teachers must embrace changes; improve classroom performance
Albany couldn't have picked a worse time to enact yet another temporary income-tax increase-- yet that's precisely what Governor David Paterson and the Legislature agreed to do last spring, as part of the 2009-10 state budget, say McMahon and Barro: | ||
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Tom Letourneau: Special ed costs spike school expenses
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Ross Kaminsky: The fourth rail
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Small businessman says R.I. ‘Amazon law’ hurts him
A Rhode Island consumer who clicked on that ad could buy from B&H without paying Rhode Island sales tax. Landen would receive a commission, which helped pay for his business and Web site, VideoUniversity.com. But last year, B&H severed its ties with its affiliates in certain states, including Rhode Island.
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R.I. losing out on millions in taxes from online sales
The sales tax represents Rhode Island’s second-largest source of tax revenue, behind the personal income tax, said Paul L. Dion, chief of the state Office of Revenue Analysis. For the seven months through Jan. 31, Rhode Island collected about $480 million in sales tax, and about $566 million in personal income tax, according to estimates from the Rhode Island Department of Revenue.
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Weygand, Pell grandson opt out of House race
Weygand, 61, the vice president for administration/finance at the University of Rhode Island, said he gave serious thought to reentering the political fray after Patrick J. Kennedy announced he was not running for reelection after 15 years in the 1st District seat. | ||
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Quonset eyed as barge destination
Kevin Mack, vice president of business development at Columbia Coastal Transport, said the New Jersey-based company is interested in adding the waterfront industrial park in North Kingstown to its network of stops in the Northeast and is in talks with the Quonset Development Corporation, the quasi-state agency that manages the port. | ||
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He uses all the arguments to defend the project, state against state, workers against government, as one would expect any individual or corporation anticipating a fortune in revenue would. However, if he is talking about wealthy special-interest groups, the natural-gas and oil industries come to my mind. | ||
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