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State audit highlights unemployment fraud, other financial shortcomings in FY 2020

PROVIDENCE – The COVID-19 pandemic has laid bare long-standing problems in the technology, staffing and financial reporting and accounting practices across a host of...
R.I. AUDITOR GENERAL Dennis E. Hoyle released a report saying the state's retirement system increased its net position to 9.6 billion at the end of fiscal year 2019. / PBN FILE PHOTO/MICHAEL SALERNO

R.I. retirement system net position hits $9.6B in FY2019

PROVIDENCE – The Employees Retirement System of the State of Rhode Island increased its net position by $344 million to $9.6 billion in fiscal...
THE FISCAL 2017 SINGLE AUDIT for Rhode Island consisted of 79 recommendations. Many of the issues were related to the RIBridges system, part of the UHIP computer overhaul. / COURTESY OFFICE OF THE AUDITOR GENERAL

R.I.’s Single Audit finds shortcomings in state IT planning, execution

PROVIDENCE – The lack of a state government strategic plan to replace and enhance key financial systems is but one conclusion reached in the...
R.I. AUDITOR GENERAL Dennis E. Hoyle released a report Friday that found the state worker pension plans had strong investment returns in fiscal 2017 but have fallen further behind their contractual payout obligations in the last three years. /PBN FILE PHOTO/MICHAEL SALERNO

State worker pension system had strong returns in ’17 but liability...

PROVIDENCE – Despite growing $686 million in fiscal 2017, the financial health of the state’s retirement system by some measures has declined in recent...
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Auditor General: R.I. falls short in fiscal 2017 but cash reserves...

PROVIDENCE – Rhode Island posted a deficit of $110.7 million in fiscal 2017, according to the annual audit of the state’s fiscal position conducted...
FRONT-ROW SEAT: Pawtucket Red Sox Chairman Larry Lucchino, at left in the front row, listens during a Senate Finance Committee hearing at the ­University of Rhode Island’s Swan Hall in South Kingstown, during which the team, the public and others provided feedback on the proposed PawSox stadium deal. / PBN PHOTO/MICHAEL SALERNO

PawSox owners share confidential financial details with state officials

PROVIDENCE – After mounting pressure to share more detailed financial statements, Pawtucket Red Sox owners on Wednesday met with state officials to do so...
R.I. AUDITOR GENERAL Dennis E. Hoyle, left, released a report Thursday that found the state has paid $402.3 million for a new unified computer system that determines eligibility for social services and established the statewide health care exchange. /PBN FILE PHOTO/MICHAEL SALERNO

Auditor General: R.I. paid $402M in UHIP, HealthSource RI computer expenses

PROVIDENCE – The R.I. Auditor General released a report Thursday that found the state has paid $402.3 million for a new unified computer system...
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