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Archive - Jun 11, 2013 - News Article

Panel may seek cash advance — again

June 11, 2013

WOONSOCKET – The Budget Commission on Friday will consider asking the Rhode Island Department of Education for an advance of some $12 million in state aid from fiscal 2014 so the city can meet payrolls in July and satisfy other bills, including a $4.8 million debt service payment.
If approved, this would be the second year in a row that the commission has asked RIDE for an aid advance to ease through a fast-approaching cash crunch. Finance Director Thomas M. Bruce says the window is closing on other options.

Cab drivers protest tax on fares

June 11, 2013

PROVIDENCE – The owner of the city’s only cab company says a tax on taxi fares imposed by lawmakers last year has resulted in a loss of business, increased red tape and customer dissatisfaction.
“Taxi drivers survive on tips and what my drivers are telling me is that those tips don’t exist anymore because of this sales tax on taxi services,” said Bill Legare, owner of
Valley Transportation on Front Street.

 

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