The Rhode Island Senate on Thursday approved a $14 billion budget proposal for the 2024 fiscal year that begins July 1, a week after the House also approved the spending plan.
The bill directs spending toward the housing crisis, supports business development and makes education funding more equitable while limiting the use of one-time revenue to one-time expenditures, lawmakers said.
The budget now heads to Democratic Gov. Dan McKee, who is scheduled to sign it at noon Friday on the south steps of the Statehouse.
