Chafee calls for lower biz taxes in state-of-state
The state expects to have $79 million in surplus funds when it ends the current fiscal year June 30 — marking the second consecutive year of surplus. State revenue estimates are up, and the state’s unemployment rate is down — slightly — to 10.4 percent.
While that’s still the second highest jobless rate in the nation, Chafee said there’s reason for optimism.
‘‘Things are getting better,’’ he said. ‘‘And we must build on this momentum to continue our recovery.’’