PROVIDENCE â€“ Gov. Lincoln Chafee told reporters Thursday that his 2013 budget will contain â€śvery, very painful cuts â€¦ deep, deep cuts that are going to be very unpopular.â€ť
But, he added, â€śwe canâ€™t do it all on cuts. We have to come to the â€¦ as they did in Massachusetts, they raised their sales tax.â€ť Stressing that the cuts are coming first, Chafee said it is a matter of â€śreform before revenue.â€ť
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.
â€śWe had a very good year, just as we intended to,â€ť Woerner told the council.