Rhode Island 2022 Regular Session

Rhode Island Senate Bill S2772

Introduced
3/24/22  
Refer
3/24/22  
Report Pass
3/29/22  
Engrossed
4/7/22  
Refer
4/8/22  
Report Pass
6/7/22  
Enrolled
6/14/22  

Caption

In Accordance With Rhode Island General Laws § 16-7-44 Approving The Issuance Of $5,000,000 General Obligation Bonds, Notes And Other Evidences Of Indebtedness Of The Town Of East Greenwich To Finance The Renovation, Rehabilitation, Repair, Replacement, Improvement, Furnishing, Equipping And Installation Of School, School Facilities And Infrastructure, Including, But Not Limited To, Safety And Fire-code Related Improvements, Roofs, Heating, Ventilation, Electrical Systems, Landscaping, Grounds, Athletic Fields, Information Technology, Vehicles And Food Service Facilities

Impact

The approval of S2772 would have a significant impact on the local educational landscape by providing much-needed resources for facility improvements. Such funding can enhance the educational environment, potentially improve student safety, and tackle deferred maintenance issues that schools may face. Furthermore, the act is positioned to enable state housing aid reimbursement for eligible expenses, which could alleviate some financial burdens associated with the renovations.

Summary

Bill S2772 seeks to authorize the issuance of $5 million in general obligation bonds by the town of East Greenwich, Rhode Island. This funding is intended for a broad range of projects aimed at renovating and improving school facilities. Projects outlined in the bill include enhancements related to safety and fire codes, infrastructure repairs, and upgrades to essential systems such as heating and ventilation. The bill is structured to allow the town flexibility in how the funds are used, promoting a comprehensive upgrade of educational facilities and infrastructure.

Contention

While S2772 has garnered support due to its focused investment in education and infrastructure, it may also face scrutiny regarding fiscal responsibility. Concerns could arise over the long-term implications of incurring additional debt, particularly in relation to how the expenditures align with the town’s financial priorities. Stakeholders may debate the balance between immediate educational benefits and the longer-term impacts on local taxpayers, particularly if the bonds lead to increased taxation to service the debt.

Companion Bills

No companion bills found.

Previously Filed As

RI H8033

In Accordance With Rhode Island General Laws § 16-7-44 Approving The Issuance Of $5,000,000 General Obligation Bonds, Notes And Other Evidences Of Indebtedness Of The Town Of East Greenwich To Finance The Renovation, Rehabilitation, Repair, Replacement, Improvement, Furnishing, Equipping And Installation Of School, School Facilities And Infrastructure, Including, But Not Limited To, Safety And Fire-code Related Improvements, Roofs, Heating, Ventilation, Electrical Systems, Landscaping, Grounds, Athletic Fields, Information Technology, Vehicles And Food Service Facilities

RI H8049

IN ACCORDANCE WITH RHODE ISLAND GENERAL LAWS SECTION 16-7-44 APPROVING THE ISSUANCE OF $125,000,000 GENERAL OBLIGATION BONDS, NOTES AND OTHER EVIDENCES OF INDEBTEDNESS OF THE CITY OF PROVIDENCE TO FINANCE THE CONSTRUCTION, RENOVATION, IMPROVEMENT, ALTERATION, REPAIR, LANDSCAPING, FURNISHING AND EQUIPPING OF SCHOOLS AND SCHOOL FACILITIES THROUGHOUT THE CITY AND ALL COSTS RELATED THERETO

RI S2859

IN ACCORDANCE WITH RHODE ISLAND GENERAL LAWS SECTION 16-7-44 APPROVING THE ISSUANCE OF $125,000,000 GENERAL OBLIGATION BONDS, NOTES AND OTHER EVIDENCES OF INDEBTEDNESS OF THE CITY OF PROVIDENCE TO FINANCE THE CONSTRUCTION, RENOVATION, IMPROVEMENT, ALTERATION, REPAIR, LANDSCAPING, FURNISHING AND EQUIPPING OF SCHOOLS AND SCHOOL FACILITIES THROUGHOUT THE CITY AND ALL COSTS RELATED THERETO

RI H8029

IN ACCORDANCE WITH RHODE ISLAND GENERAL LAWS § 16-7-44, APPROVING THE ISSUANCE OF $6,400,000 BONDS BY THE TOWN OF BURRILLVILLE TO FINANCE THE CONSTRUCTION, RENOVATION, IMPROVEMENT, ALTERATION, REPAIR, LANDSCAPING, FURNISHING AND EQUIPPING OF SCHOOLS AND SCHOOL FACILITIES THROUGHOUT THE TOWN, AND ALL ATTENDANT EXPENSES INCLUDING, BUT NOT LIMITED TO, ENGINEERING AND ARCHITECTURAL COSTS

RI S2862

IN ACCORDANCE WITH RHODE ISLAND GENERAL LAWS § 16-7-44, APPROVING THE ISSUANCE OF $6,400,000 BONDS BY THE TOWN OF BURRILLVILLE TO FINANCE THE CONSTRUCTION, RENOVATION, IMPROVEMENT, ALTERATION, REPAIR, LANDSCAPING, FURNISHING AND EQUIPPING OF SCHOOLS AND SCHOOL FACILITIES THROUGHOUT THE TOWN, AND ALL ATTENDANT EXPENSES INCLUDING, BUT NOT LIMITED TO, ENGINEERING AND ARCHITECTURAL COSTS

RI H6376

Authorizing The Town Of East Greenwich To Finance The Acquisition, Construction, Improvement, Renovation, Alteration, Furnishing And Equipping Of Public Schools And School Facilities In The Town And All Expenses Incident Thereto Including, But Not Limited To, Costs Of Design, Demolition, Athletic Fields, Landscaping, Parking And Costs Of Financing And To Issue Not More Than $180,000,000 Bonds And/or Notes Therefor

RI S0981

Authorizing The Town Of East Greenwich To Finance The Acquisition, Construction, Improvement, Renovation, Alteration, Furnishing And Equipping Of Public Schools And School Facilities In The Town And All Expenses Incident Thereto Including, But Not Limited To, Costs Of Design, Demolition, Athletic Fields, Landscaping, Parking And Costs Of Financing And To Issue Not More Than $180,000,000 Bonds And/or Notes Therefor

RI H6099

IN ACCORDANCE WITH RHODE ISLAND GENERAL LAWS SECTION 16-7-44 APPROVING THE ISSUANCE OF $10,400,000 BONDS BY THE TOWN OF NEW SHOREHAM TO FINANCE ADDITIONS, RENOVATIONS, IMPROVEMENTS, ALTERATIONS AND REPAIRS TO SCHOOLS AND SCHOOL FACILITIES IN THE TOWN INCLUDING, BUT NOT LIMITED TO, BONDS AND NOTES ISSUED PURSUANT TO FINANCING AGREEMENTS WITH THE RHODE ISLAND HEALTH AND EDUCATIONAL BUILDING CORPORATION

RI S0422

IN ACCORDANCE WITH RHODE ISLAND GENERAL LAWS SECTION 16-7-44 APPROVING THE ISSUANCE OF $10,400,000 BONDS BY THE TOWN OF NEW SHOREHAM TO FINANCE ADDITIONS, RENOVATIONS, IMPROVEMENTS, ALTERATIONS AND REPAIRS TO SCHOOLS AND SCHOOL FACILITIES IN THE TOWN INCLUDING, BUT NOT LIMITED TO, BONDS AND NOTES ISSUED PURSUANT TO FINANCING AGREEMENTS WITH THE RHODE ISLAND HEALTH AND EDUCATIONAL BUILDING CORPORATION

RI H5526

Authorizing The Town Of Middletown To Issue Not To Exceed $190,000,000 General Obligation Bonds, Notes And Other Evidences Of Indebtedness To Finance The Construction, Furnishing And Equipping Of A Middle School And High School And The Renovation, Improvement, Alteration, Repair, Furnishing And Equipping Of School Facilities Throughout The Town And All Attendant Expenses Including, But Not Limited To, Demolition, Engineering, Architectural And Landscaping Costs

Similar Bills

No similar bills found.