PROVIDENCE, R.I. (AP) — A legislative financial adviser says Rhode Island is headed toward a $160 million deficit budget over the next 19 months.

WPRI-TV reports that House fiscal adviser Sharon Reynolds Ferland told the House Finance Committee on Thursday that she and her staff estimate the state is on pace for a $48 million deficit in the 2018-2019 fiscal year followed by another $112 million in the 2019-2020 budget year.

Currently, the federal government covers $3.2 billion of the state's $9.6 billion budget.

State revenue is expected to expand but state agency costs continue to rise. Ferland cautioned against mismanaging funds in some agencies.

Democratic Gov. Gina Raimondo is scheduled to release her budget plan on Jan. 17.

Recommended for you

(0) comments

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.