PROVIDENCE â Gov. Lincoln Chafee told reporters Thursday that his 2013 budget will contain âvery, very painful cuts âŠ deep, deep cuts that are going to be very unpopular.â
But, he added, âwe canât do it all on cuts. We have to come to the âŠ as they did in Massachusetts, they raised their sales tax.â Stressing that the cuts are coming first, Chafee said it is a matter of âreform before revenue.â
CUMBERLAND â An audit of Cumberland's finances shows the town ending the 2011 fiscal year with a $3.6 million surplus in its general fund, according to Town Finance Director Steve Woerner, who highlighted the results of the municipal audit at the Town Council's meeting Wednesday. The audit was conducted by the Warwick-based public accounting firm of Bacon & Company, LLC.
âWe had a very good year, just as we intended to,â Woerner told the council.