AGP Executive Report
Last update: 3 hours agoState Budget: Rhode Island’s revenue forecast rose $108.7 million for the current fiscal year, giving Gov.-elect Helena Foulkes more room for her first budget. She cautioned that the state faces longer-term pressures, including projected deficits. Small Business: Minority- and women-owned firms won 18.1% of state purchases and contracts in fiscal 2026, a 40-year high and above the state’s 15% target. Downtown Providence: FM will move its global headquarters from Johnston to 10 Memorial Blvd.; renovations are expected to finish in late 2027. Health Care: Neighborhood Health Plan is suing Rhode Island, alleging the state owes about $100 million in overdue Medicaid reimbursements. Economic Outlook: A URI economist says Rhode Island’s economy gained strength in September, while state leaders and Congressman Gabe Amo’s appearance at a life-sciences pitch event underscored growing attention to health innovation as an economic opportunity.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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