The Governor has just announced that he's cutting another $32.5 million from RI's municipalities, largely by withholding the automobile excise tax for the remainder of the year.
For many cities and towns, this latest decision means a loss of one to several million dollars. This is on top of the $$$$ already held back by the state for education. Cities and towns don't know how they are going to absorb these additional cuts in state revenue assistance.
The Governor says he has no choice and has previously criticized local governments for their inability to cut costs. Has he gone too far or are our cities and towns lagging in getting their financial houses in order?
What do you think? Make a comment or take the poll on the right to see what everyone else thinks.