Rhode Island proposes issuing $100 million in bonds for the 2026 capital development program.

The Rhode Island 2026 capital development program seeks to issue general obligation bonds totaling $100 million for a statewide transit system. This includes improvements to existing services, expansion to new areas, high capacity transit development, better access to transit, and adoption of new technologies. The bonds, refunding bonds, and temporary notes will be submitted to the electorate for approval at the November 2026 general election. If approved, the bonds will be exempt from taxation and backed by the full faith and credit of the state.

Rhode Island proposes issuing $100 million in bonds for the 2026 capital development program.

The Rhode Island 2026 capital development program seeks to issue general obligation bonds totaling $100 million for a statewide transit system. This includes improvements to existing services, expansion to new areas, high capacity transit development, better access to transit, and adoption of new technologies. The bonds, refunding bonds, and temporary notes will be submitted to the electorate for approval at the November 2026 general election. If approved, the bonds will be exempt from taxation and backed by the full faith and credit of the state.