Rhode Island
RI Foundation plan would overhaul school funding, shift costs to state
McKee to launch ‘affordability’ agenda in reelection bid.
Facing a tough reelection fight, McKee will propose policies to help Rhode Islanders with the cost of living, starting with a tax cut for retirees.
A proposed overhaul of Rhode Island education funding unveiled by a panel of experts and the Rhode Island Foundation on Monday, Jan. 5 would simplify the way public education is paid for and shift spending from municipalities to the state.
A 33-page report from the Blue Ribbon Commission describes the state’s current funding formula as “complex,” “opaque,” and “unpredictable,” the product of years of emergency tweaks and political compromises.
“We are constantly confronted with the limitations of the current funding formula. We hear about it all the time, both as a funder and as a partner in the public education sector,” David Cicilline, Rhode Island Foundation president and former congressman, told reporters at a briefing on the plan, whose release was delayed as a result of a shooting at Brown University.
The commission recommends that the state share the cost of some things now borne entirely by local governments, such as transportation, building maintenance and vocational schooling. And it wants the state to take on some costs entirely − including retired teacher pensions, high-cost special education and out-of-district transportation − that are now shared with municipalities.
The current system places “an outsized fiscal burden on districts,” the report’s executive summary says.
But the price tag for taking that burden from cities and towns is large, and in a time of economic uncertainty might give Rhode Island State House leaders sticker shock.
At the same time that the commission shifts costs to the state, it is also proposing a roughly $300 million net increase in education spending to better reflect what its experts believe is necessary to guarantee.
The commission’s preferred scenario, in which the state covers 58% of school costs, would increase the state education budget by $590 million. Under this plan cities and towns would save $278 million.
Cicilline notes that state leaders could choose to phase the new spending in over two or three years to soften the budget impact.
Recent years have seen significant annual increases in education spending under the existing funding formula. The current state budget saw a $59 million increase in education spending from the previous year.
Cicilline also noted that the state’s unfunded pension obligation is projected to fall dramatically in 2036, at which point the cost of covering those payments for cities would fall.
The state currently pays 40% of teacher pension costs. Picking up the full cost of retiree pensions would push the state cost from a little over $100 million to more than $270 million, according to projections from the commission.
Who participated in the Blue Ribbon Commission?
The commission, hosted by the Rhode Island Foundation and Brown University’s Annenberg Institute, included representatives of nonprofits, municipal government, teachers unions, research academics and public schools, both traditional and charter.
The panel did not include any elected officials or state policymakers, such as members of the Rhode Island Department of Education or members of the General Assembly. However, Gov. Dan McKee, House Speaker K. Joseph Shekarchi and Senate President Valarie Lawson were briefed on the recommendations.
How did state officials react to the recommendations?
All reserved judgment on the plan, although many of the ideas in it align with priorities that Lawson, president of the National Education Association Rhode Island, expressed in an interview at the start of the month.
Shekarchi thanked the foundation and said the House will be “carefully reviewing” the recommendations. “A strong educational system is essential in making sure our students are well prepared for the rapidly-changing 21st century economy and is a critical component of our state’s future prosperity,” he said in an email.
The report “reflects a strong commitment to strengthening public education and expanding opportunity for every Rhode Island student – goals my administration has been working towards diligently,” McKee said in an email.
Senate spokesman Greg Pare said the Rhode Island Foundation is slated to give the chamber a presentation on the report Jan. 15.
“The Blue Ribbon Commission’s work raises important issues that we will be exploring, including state support relative to areas such as high-cost special needs and transportation,” Pare wrote.
Municipal winners and losers under new funding plan
Although most cities and towns come out big winners with the Blue Ribbon plan, some do better than others, and a few communities are projected to see a net loss.
In place of the current “quadratic mean” formula, which includes bonuses for communities with expensive real estate but a large number of low-income students, the commission proposes basing municipalities’ aid level entirely on real estate value. (The higher the assessed value of property in a city, the less aid it would receive.)
Newport would lose $7.8 million in state aid, the Chariho school district would lose $7.7 million, Westerly $1.3 million and Middletown $400,000, according to commission projections.
But all other communities would gain.
Providence would see see state aid increase by $186 million and its own projected costs fall from $118 million to $90 million.
East Providence would see state aid rise by $33 million and its own projected costs fall from $65 million to $44 million.
And Warwick would see state aid rise by $35 million while its own projected costs fall from $127 million to $92 million.
The Rhode Island Lottery offers multiple draw games for those aiming to win big.
Here’s a look at May 9, 2026, results for each game:
Winning Powerball numbers from May 9 drawing
15-41-46-47-56, Powerball: 22, Power Play: 2
Check Powerball payouts and previous drawings here.
Winning Numbers numbers from May 9 drawing
Midday: 0-8-9-5
Evening: 0-9-4-7
Check Numbers payouts and previous drawings here.
Winning Wild Money numbers from May 9 drawing
08-13-24-27-34, Extra: 32
Check Wild Money payouts and previous drawings here.
Winning Millionaire for Life numbers from May 9 drawing
08-11-17-29-49, Bonus: 02
Check Millionaire for Life payouts and previous drawings here.
Feeling lucky? Explore the latest lottery news & results
Are you a winner? Here’s how to claim your prize
- Prizes less than $600 can be claimed at any Rhode Island Lottery Retailer. Prizes of $600 and above must be claimed at Lottery Headquarters, 1425 Pontiac Ave., Cranston, Rhode Island 02920.
- Mega Millions and Powerball jackpot winners can decide on cash or annuity payment within 60 days after becoming entitled to the prize. The annuitized prize shall be paid in 30 graduated annual installments.
- Winners of the Millionaire for Life top prize of $1,000,000 a year for life and second prize of $100,000 a year for life can decide to collect the prize for a minimum of 20 years or take a lump sum cash payment.
When are the Rhode Island Lottery drawings held?
- Powerball: 10:59 p.m. ET on Monday, Wednesday, and Saturday.
- Mega Millions: 11:00 p.m. ET on Tuesday and Friday.
- Lucky for Life: 10:30 p.m. ET daily.
- Millionaire for Life: 11:15 p.m. ET daily.
- Numbers (Midday): 1:30 p.m. ET daily.
- Numbers (Evening): 7:29 p.m. ET daily.
- Wild Money: 7:29 p.m. ET on Tuesday, Thursday and Saturday.
This results page was generated automatically using information from TinBu and a template written and reviewed by a Rhode Island editor. You can send feedback using this form.
RI House speaker answers why RI won’t ‘pause’ millionaires tax push
House Speaker K. Joseph Shekarchi fielded a question on whether lawmakers might pause efforts to pass a millionaires tax.
Rhode Island is built on the strength of small, family-owned businesses. They are the backbone of our economy, the employers of our neighbors, and the reason our communities have character and opportunity. I know this not just as a legislator, but as someone who works every day in a family business alongside the people I care about most. That’s why I am concerned about the impact of the proposed “millionaires tax” on businesses and our communities.
While it may sound like a measure aimed at a narrow group of high earners, the reality is far different. Many family-owned businesses – especially those structured as pass-through entities – report their business income on personal tax returns. That means this tax doesn’t just target “millionaires” in the traditional sense; it directly impacts small and mid-sized businesses that reinvest their earnings into payroll, equipment, expansion and employee benefits.
In my case, our family business is a private ambulance service. Every day, we are responsible for delivering critical care to Rhode Islanders, particularly seniors and our most medically fragile neighbors. That responsibility comes with significant costs. Ambulances, lifesaving medical equipment, and the technology needed to support our crews are expensive, and they must be maintained and updated regularly to meet the highest standards of care.
Tax increases like this directly impact our ability to make those investments. These are not abstract tradeoffs – they have real consequences for the level of care we can provide. For businesses like mine, margins matter. Every dollar that goes out the door in taxes is a dollar that can’t be used to hire another worker, increase wages, buy new equipment or sponsor the local Little League team. These are real decisions that affect real people.
Supporters of this proposal often frame it as a fairness issue. But fairness should also mean recognizing the role that employers play in creating opportunity. When government makes it more expensive to operate a business in Rhode Island, we risk pushing investment – and jobs – elsewhere. Policies like this don’t exist in a vacuum; they shape decisions about where businesses grow and where families choose to put down roots.
We don’t have to guess what would happen if we raised taxes here – we can just look to Massachusetts. They passed a millionaires tax and the latest data shows a steady stream of high earners leaving for lower-tax states like New Hampshire and, you guessed it, Rhode Island. We could take advantage of Massachusetts’ mistake and build on the momentum we have built in recent years. We’ve seen the benefits of thoughtful policy decisions that encourage investment and support job creation and tax revenues are up. But progress is fragile. Policies like the millionaires tax risk undoing that work by sending the message that success will be penalized rather than encouraged.
As both a business owner and a legislator, I believe strongly that we can – and must – strike a better balance.
We can support public services, invest in our communities, and maintain fiscal responsibility without resorting to policies that put our local businesses at a disadvantage. We can grow our economy by creating an environment where businesses want to stay, expand and hire.
Let’s focus on solutions that strengthen our economy, support our workforce, and ensure that family-owned businesses like mine and so many others across our state continue to thrive.
Rhode Island’s future depends on it.
Jacquelyn Baginski is a state representative from Cranston.
The Rhode Island Lottery offers multiple draw games for those aiming to win big.
Here’s a look at May 8, 2026, results for each game:
Winning Mega Millions numbers from May 8 drawing
37-47-49-51-58, Mega Ball: 16
Check Mega Millions payouts and previous drawings here.
Winning Numbers numbers from May 8 drawing
Midday: 9-8-9-7
Evening: 7-9-8-9
Check Numbers payouts and previous drawings here.
Winning Wild Money numbers from May 8 drawing
10-13-15-16-30, Extra: 09
Check Wild Money payouts and previous drawings here.
Winning Millionaire for Life numbers from May 8 drawing
14-16-21-43-51, Bonus: 03
Check Millionaire for Life payouts and previous drawings here.
Feeling lucky? Explore the latest lottery news & results
Are you a winner? Here’s how to claim your prize
- Prizes less than $600 can be claimed at any Rhode Island Lottery Retailer. Prizes of $600 and above must be claimed at Lottery Headquarters, 1425 Pontiac Ave., Cranston, Rhode Island 02920.
- Mega Millions and Powerball jackpot winners can decide on cash or annuity payment within 60 days after becoming entitled to the prize. The annuitized prize shall be paid in 30 graduated annual installments.
- Winners of the Millionaire for Life top prize of $1,000,000 a year for life and second prize of $100,000 a year for life can decide to collect the prize for a minimum of 20 years or take a lump sum cash payment.
When are the Rhode Island Lottery drawings held?
- Powerball: 10:59 p.m. ET on Monday, Wednesday, and Saturday.
- Mega Millions: 11:00 p.m. ET on Tuesday and Friday.
- Lucky for Life: 10:30 p.m. ET daily.
- Millionaire for Life: 11:15 p.m. ET daily.
- Numbers (Midday): 1:30 p.m. ET daily.
- Numbers (Evening): 7:29 p.m. ET daily.
- Wild Money: 7:29 p.m. ET on Tuesday, Thursday and Saturday.
This results page was generated automatically using information from TinBu and a template written and reviewed by a Rhode Island editor. You can send feedback using this form.
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