Official State of Rhode Island website

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State of Rhode Island, Office of Management and Budget , Department of Administration

FY 2026 Budget

Over the next five years, state revenues are expected to grow 2.5 percent annually, fueled by our investments and robust economy. However, over the same period, expenditures are expected to increase at 3.7 percent annually. We must make tough decisions to streamline operations, eliminate redundancy, and ensure every dollar is used efficiently. We are providing a roadmap to close an approximately $250 million deficit without any broad-based tax increases or cuts to critical services programs upon which Rhode Islanders rely.

 

CLICK HERE for the FY 2026 Interactive Budget Visualization

FY 2026 Budget Documents