Rhode Island H7248 reinstates general revenue sharing of state aid among the 39 cities and towns in Rhode Island, based on population and adjusted.

Rhode Island H7248 reinstates general revenue sharing of state aid among the 39 cities and towns in Rhode Island. The initial amount is based on population, with annual increases tied to the Consumer Price Index for all Urban Consumers. The bill specifies the allocation method, ensuring that no city or town receives more than 145% of the average per capita statewide amount of the annual appropriation for state aid to cities and towns. The total amount of aid is determined by appropriation, with specific amounts set for fiscal years 2000 through 2009. The act takes effect upon passage.

Rhode Island H7248 reinstates general revenue sharing of state aid among the 39 cities and towns in Rhode Island, based on population and adjusted.

Rhode Island H7248 reinstates general revenue sharing of state aid among the 39 cities and towns in Rhode Island. The initial amount is based on population, with annual increases tied to the Consumer Price Index for all Urban Consumers. The bill specifies the allocation method, ensuring that no city or town receives more than 145% of the average per capita statewide amount of the annual appropriation for state aid to cities and towns. The total amount of aid is determined by appropriation, with specific amounts set for fiscal years 2000 through 2009. The act takes effect upon passage.