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Rhode Island’s Historic Preservation Investment Tax Credit

Rhode Island’s Historic Preservation Investment Tax Credit. Fighting for Survival in a State Budget Crisis. State Budget Overview. Deficits of $150M and $450M Structural crisis No more quick fixes All tax credits being scrutinized. Telling Your Story. Providing meaningful analysis

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Rhode Island’s Historic Preservation Investment Tax Credit

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  1. Rhode Island’s Historic Preservation Investment Tax Credit Fighting for Survival in a State Budget Crisis Frank Caprio, General Treasurer State of Rhode Island

  2. State Budget Overview • Deficits of $150M and $450M • Structural crisis • No more quick fixes • All tax credits being scrutinized Frank Caprio, General Treasurer State of Rhode Island

  3. Telling Your Story • Providing meaningful analysis • Lipman Frizell & Mitchell Report • Providence Journal Editorial Frank Caprio, General Treasurer State of Rhode Island

  4. Economic Impact of Credits • Returning properties to tax rolls • Generating employment and housing • Preservation portfolio Frank Caprio, General Treasurer State of Rhode Island

  5. Lessons from RI • Always be tracking • Find stories in the numbers • Build community partnerships Frank Caprio, General Treasurer State of Rhode Island

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