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New Report Highlights Impact of Rhode Island Treasury Programs and Initiatives

PROVIDENCE, RI-- General Treasurer Seth Magaziner today released the Rhode Island Treasury 2019 Annual Report, which outlines the positive impact of his Office's work to support small businesses, strengthen the State's pension system, protect student loan borrowers, support victims of domestic and other violence, and return millions of dollars in unclaimed property back to its rightful owners.

"My team and I are committed to honest and effective government that strengthens the Rhode Island economy," said Treasurer Magaziner. "All of the programs outlined in the Treasury Annual Report remain open and available to assist Rhode Islanders during the COVID-19 pandemic."

Among the impacts highlighted in the report:

• Helping hundreds of small businesses access the capital they need to expand their business and hire more people

• Reuniting millions of dollars of unclaimed property to thousands of individual Rhode Islanders, nonprofits, and small businesses

• Investing in infrastructure projects to improve Rhode Island's school buildings, water systems, and carbon footprint

• Providing financial support to over 1,200 Rhode Islanders, including 200 children, who were victims of violent crimes

• Continued progress in strengthening the retirement system for the 60,000 teachers, first responders, State and municipal employees who serve our community.

The report can be downloaded at www.treasury.ri.gov/annualreport

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Contact: Evan England (401) 222-2240 | (401) 439-2199 (mobile) evan.england@treasury.ri.gov

Related links

  • Department or agency: Office of General Treasurer Seth Magaziner
  • Online: http://treasury.ri.gov
  • Release date: 05-12-2020

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