Issuer Type: State/Province
Commerce Corporation Historic Structures Tax Credit
Lease Participation Certificate
On behalf of the State of Rhode Island, I would like to welcome you to our new investor relations website. We appreciate your interest and investment in bonds issued by the State, as it allows us to make critical investments in public infrastructure throughout Rhode Island. We are committed to maintaining our strong bond ratings, and we are also committed to being as transparent as possible with the investor community and public at large.
I hope you find this website useful as you seek to better understand the credit fundamentals of the State of Rhode Island. Please do not hesitate to contact our office with suggestions for how we can be doing better. Thanks again for your interest in our bond program.
Seth Magaziner, General Treasurer
Asked to highlight the accomplishments of his office over the past year, Rhode Island General Treasurer Seth
Magaziner cited a mix of bread-and-butter matters with community outreach.
“A lot of time, we as treasurers deal with arcane and lofty issues, but we also need to focus on people and
quality of life,” Magaziner said in an interview. “What I’m most proud of is advocating strong financial
management that has a real impact on the local economy that make people’s lives better.”
Providence, R.I. -- The Rhode Island Department of Revenue today released its FY 2019 Cash Collections Report for November 2018. The Cash Collections Report, which is issued on a monthly basis, compares current fiscal year cash collections by revenue item on a fiscal year-to-date and monthly basis to prior fiscal year cash collections by revenue item. The cash collections report makes no adjustments for the timeliness of the receipt of revenues and provides readers with insight into the state's cash flow over the course of the fiscal year.
PROVIDENCE, RI - Rhode Island ended 2018 at an all-time high with 505,000 jobs in the state, according to data released today by the U.S. Department of Labor's Bureau of Labor Statistics. There have been over a half-million jobs in Rhode Island for seven consecutive months. At 3.9%, Rhode Island's unemployment rate is now level with the national average.