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Report: R.I. Lottery transfers to state up 22% in fiscal 2022

PROVIDENCE – The R.I. Lottery transferred $388.6 million into state coffers in fiscal 2022, a 22.3% increase from the previous year, according to an audit...

R.I. gets $2.3M to improve access to unemployment benefits

PROVIDENCE – Rhode Island is getting $2.3 million in federal funding to expand access to unemployment insurance benefits, the U.S. Department of Labor announced...

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...

Audit: R.I. General Fund revenue exceeds expenses by $30.7M in FY...

PROVIDENCE – Rhode Island General Fund revenue exceeded expenses by $30.7 million in fiscal 2020, according to a report from the R.I. Office 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...
RHODE ISLAND's General Fund expenditures and transfers outpaced revenue by $31.3 million in fiscal 2018, according to an audit from the R.I. Office of the Auditor General. / COURTESY R.I. OFFICE OF THE AUDITOR GENERAL

Audit: R.I. General Fund expenditures outpace revenue by $31M in fiscal...

PROVIDENCE – In fiscal 2018, Rhode Island’s General Fund expenditures and transfers exceeded revenue by $31.3 million, according to an audit by the R.I....
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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...
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